When you enter your K-1 schedule (Business Investment and Estate/Trust Income section), you will put a check mark in the box 20 option. When you get to the box 20 entries, you will choose Code Z - Section 199A information and enter the the business income as a negative number. Indicate that the income comes from the partnership that generated this K-1, unless you know otherwise. When requested to enter additional information about the 199A form, choose the Partnership has UBIA of qualified property option and enter the UBIA amount.
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