JamesG1
Expert Alumni

Get your taxes done using TurboTax

Unadjusted Basis of Assets (UBIA) may be found an a Statement A attached to your K-1 information.  The information may be used in the computation of the 199A Income deduction.

 

  • At the screen We need some information about your 199A income, select the appropriate income description and amount from the 199A detail provided with the K-1.  
  • In some cases, you will also select and enter values for W-2 wages and UBIA of qualified property.  
  • Click Continue.

 

@rogmateos 

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