I have two businesses (my own, and the company I am part owner of) listed for box 17, codes V-X on the 199A form. Do I need to report them separately? If so, how?

Forum|Forum|7 years ago
June 3, 2019
1 reply
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TurboTax Premier Online

Best answer by MinhT1

You do not need to report these numbers separately in TurboTax. You just have to enter them as part of the K-1 schedules. These numbers are used by TurboTax to calculate the QBI deduction.

MinhT1Answer

Level 15

You do not need to report these numbers separately in TurboTax. You just have to enter them as part of the K-1 schedules. These numbers are used by TurboTax to calculate the QBI deduction.

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fishonAuthor

Level 2

Thank you! So when asked to input the business name and EIN, so I just enter my own business, and don't worry about reporting the other entity's name and EIN?