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Get your taxes done using TurboTax
Hello, I am having similar issues. I selected Box 20 Code Z, left it blank, and then included the information later on when prompted "we need some information about your 199A income. I input the numbers under Rental Income (Loss) and also UBIA of Qualified Property for this Business, same as you did. Turbotax accepts the inputs. However, when I go to Forms and check Form 8995 - Qualified Business Income Deduction (SImplified Computation), it is not reporting the rental loss I inlcued in Shcedule K1. Did you have similar issues? Any advise?
‎April 7, 2021
4:56 PM