Get your taxes done using TurboTax

@Mes01 Since MLPs rarely report income until you sell, the QBI deduction won't come into play until then.  But until then, 199A income/loss is a lot like the passive losses that also show up each year:  both need to be suspended for use in future years.  TT will track that, provided it all gets entered in (which it sounds like you've taken care of). 

 

Note that if you want to verify what TT is tracking (highly recommended!), head into forms and open up the K-1 Partner worksheet.  Towards the bottom you'll find sections D1 and D2 which will show what QBI info is being carried forward or allowed.

**Say "Thanks" by clicking the thumb icon in a post
**Note also, I'm not a Tax Preparer/CPA. Just a volunteer, seasoned, TurboTax user.
Use any advice accordingly!