QBID

Morton

How do you take the QBID on Form 1041 where there is a Sch E in the return.

Accountant-Man

Form 8995 flows to line 20 page 1.

If income is allocated to beneficiaries, some goes to them.

** I'm still a champion... of the world! Even without The Lounge.

Morton

How do you tell the program that a QBID is in order. I know where it should show up on a 1041. I just don't know how to get to tell the program to calculaate he amount.

Kathi_at_Intuit

Hi @Morton ,

Thanks for stopping by the community and posting. We have this support article that may help, it'd be screen 23 for Fiduciary, though:

Entering and calculating QBI Deductions (Section 199a) in Lacerte on Form 8995

If it doesn't we'd recommend reaching out to Lacerte Support.

We look forward to your future contributions.

**Say "Thanks" by clicking the thumb icon in a post
**Click "Mark as Best Answer " to mark the post that answers your question.

Accountant-Man

I completed a Sch E on the 1041, including the QBID sheet at the bottom.

ps I use Pro Series, not Lacerte.

** I'm still a champion... of the world! Even without The Lounge.

QBID

©1997-2025 Intuit, Inc. All rights reserved.

Intuit, QuickBooks, QB, TurboTax, and Mint are registered trademarks of Intuit, Inc. Terms and conditions, features, support, pricing and service options subject to change without notice.

By accessing and using this page you agree to the Terms and Conditions.