"Since Section 199A income is reported in 14 of this K-1, we need name and employer ID number for the business that generated this income." K-1 does not provide that?

[shelleymorrison]

The K-1 does not provide name or EIN for this income.  What should I do?

[JulieCo · Accepted solution]

You will be required to enter something in the business name field since code I is used for the Section 199 (or qualified business income deduction calculation), but you are not required to enter anything in the EIN field.  You can contact a Trust or Estate administrator to find out the business names for the income reported.  Or the business name field can be a general description or whatever information you may know about from where the income is coming that the Trust/Estate earned.

The Business Name and EIN information is reported on the QBI component worksheet for how much of your QBI deduction came from this business income allocation. 

[shelleymorrison]

Thank you!