At the screen Enter Box 17 info, select code V Section 199A information. A value does not need to be provided. Click Continue.
At the screen We need some information about your 199A income, you will enter section 199A information.
Select the box to the left of the line and an entry box opens up.
You will likely need to enter Ordinary business income (loss) from the business.
You may need to enter:
- W-2 wages for this business, and
- UBIA of qualified property for this business.
Enter these values for the qualified business income deduction to be calculated.