So I'm using the Turbotax software for Business, and in the part about the section 199A deduction, I'm not sure why for Ordinary business income/loss, the software only puts in my business deductions, instead of net income. So I get a negative number and basically, it's ignoring the total business income on line 6 of 1120s. I mean there is a box to make an adjustment, but I'm not sure why it does this. Anybody working on their 1120S using Turbotax at this time who's also stumped by this?
Thanks for any input.
Thanks for any input.
Comment