Get your taxes done using TurboTax

Enter the Schedule K-1 information at the screen We need some information about your 199A income.

1. Enter the Rental income (loss).
2. Qualified Property is the same as UBIA of qualified property.
3. W-2 wages and qualified property are separate items.

Enter these values for the Qualified Business Income Deduction to be calculated.

Some preparers of the K-1 form will include the Section 199A information on a separate statement called a Statement A.