@Mike9241, @Anonymous_
Thanks for the response, but I don't think this is applies to my instance. These weren't PTP (publicly traded partnerships). They were commercial RE limited partnerships with 20+ pass-through EINs in each K-1.
1) I don't know if I should go back and amend those returns, or just start correctly entering it from here.
2) how did my error of adding up all the pass-through entity values (by category) and using that as my QBI entry affect the turbotax calculation of the section199A deduction? What is the flow of the calculation, and how did my error effect it?
3) Did I gain or lose deductions by doing it that way? How significant might the difference be?
4) I don't understand the purpose of separating out each pass-through EIN. Why can't they be aggregated? Is it related to the QBI deduction income threshold ($157500), and the more complex calculations if you exceed that income amount?
I appreciate the help. Thanks.
