Calculating QBI for K-1 Income

Calculate the qualified business income (QBI) deduction for income deriving from 1065 and 1120S income reported on Schedule K-1.
Other videos in this category:
Easily track repayment of the Home Buyer’s Tax Credit by entering data into Form 5405 on the Home screen.
Calculate the taxable portion of the state refund carry to next year's return when the taxpayers is subject to AMT.
The Drake Tax FAFSA Worksheet helps your clients collect information needed when filing for federal student aid.