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I
ILL
Level 2
July 30, 2026
Question

Qualified business income deduction. Is there a reconciliation for the 1120-s k1 ordinary income to the qualified business income for the deduction? My numbers are different?

  • July 30, 2026
  • 1 reply
  • 31 views

My 1120S k1 ordinary income is 57,410 and my qualified business income is 63,156! I can’t see the calculation or the difference?

    1 reply

    Just-Lisa-Now-
    Just-Lisa-Now-Intuit Community Champion
    Intuit Community Champion
    July 31, 2026

    If you copy/paste your exact question into google, it will give you a list of reasons the amounts may be different, do any of those apply?

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