For the k1s I've received they have information for Box 20-Z in the statement. There are amounts for rental loss and w-2 wages. In half there is an amount for unadjusted basis of assets and the other half for UBIA. Is UBIA and unadjusted basis of assets the same thing?
Do I just add these three figures together and put them in Box 20Z.
Do I also put these amounts in separately in Section D1- qualified business income deduction? I'm not sure how I handle this.
Also half my K1s the Box 20-Z section 199A income I believe is coming from another business because there's a EIN listed. Is that the best way to tell?
Thanks for all the help
