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contact14
March 8, 2025
Question

Where does the QBI calculate for a single member LLC S-corp? It keeps showing me boxed to fill in myself on TurboTax Business.

  • March 8, 2025
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    AmyC
    AmyC
    March 8, 2025

    For an S corporation Form 1120S Schedule K-1, a Section 199A Statement is associated with box 17, code V.

    See About Form 1120-S, U.S. Income Tax Return for an S Corporation page 44.

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