Sch k-1 wks Partnerships

[Bphon2378]

Perhaps some one here can help me out.  I have rental income and am completing a partnership return. Last year, my K-1 showeed in Box 20 a two "Z" codes one that said "STMT", which is the statement and the other "Z" with the dollar amount for my QBI deduction (which was the same amount for box 2 on the K-1) Also, Box 20 showed "AB" amount.   This year, it's not showing anything but a "Z" and says "STMT"  when I scroll down the K-1, there is a statement A that says "QBI pass through Entity reporting." It shows rental income and UBIA of qualified property.   I thought perhaps there was a form that was delayed that wasn't calculating it, but for everyone else's now seems like is working or going through.  Anyone know what I'm missing here? Did they change it sow that this statement is my QBI amounts? Last year it was simple, I just selected the letter code Z that was in my K-1 and and put the dollar amount in my personal return. Any assistance would be appreciated.

[larrybirdbrain]

So after 2 hours on the phone last week with intuit, I was told software fix was being programmed and would be done on 2/28.  Still doesn't work when you get the Sch K-1 Wks error for section 179, depletion, and section 59(e)(2) expenses error that prohibits you from submitting your tax return.  

[cleone02]

It worked for many people on this thread last week I submitted mine 2/24

[CVegas]

@KarenM90  Do you know if this applies to the 2021 Tax year (to be filed this year in 2022) as well? 

My TurboTax Home & Business keeps telling me I have to wait "because the government is still working on finishing up certain tax forms that are in your 2021 tax return.". 

I only have basic things in my return (W2, 1099-INT, 1099-DIV) and then a Schedule K1 from my Partnership. 

When I created the Partnership K1 Distributions; we had the Business QBI, but I didn't receive any type of error messages in the TurboTax Business 2021 program. 

Thank you. 

[PatriciaV]

@CVegas

Many IRS forms are still in draft form. Please see this article to check what forms for your return may be affected by the IRS backlog: IRS forms availability table for TurboTax Business