Re: On my Schedule K1, Section 199A, Box 20, Code Z, there is a line item: Unadjusted Basis of As...

On my Schedule K1, Section 199A, Box 20, Code Z, there is a line item: Unadjusted Basis of Assets. Is that the same as UBIA of qualified property for this business?

posted

Yes, the Unadjusted Basis of Assets amount goes on the line for UBIA of qualified property line. It is entered on this screen (see last line on that screen):