- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Get your taxes done using TurboTax
On the page "We see you have Section 199A income," check the box for the choice that fits the income reported on the K-1 (if you have only dividends, check the second box).
On the page "We need some information about your 199A income," check the box for business income and enter an amount in at least one of the boxes that appear (business, rental, royalty, other income).
You can leave the other boxes blank if the additional information with the K-1 doesn't specifically mention these items.
Check "none of these apply" under Uncommon Adjustments.
For the question "Do you want to provide more info..." check the "No" box unless your income is greater than the amount on the "yes" line.
If you have other questions about Statement A, you may need to contact the company that sent you Schedule K-1.
**Mark the post that answers your question by clicking on "Mark as Best Answer"