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After you file
Statement A contains information to calculate the Qualified Business Income Deduction. If you have entries in Box 20 of a partnership K-1 with Code Z or Box 17V for an S-Corp K-1, you will have to figure out where to enter the information on the screen We need some information about your 199A income. Most of it will flow right from the K-1 -- perhaps the entity who issued the K-1 felt no additional explanation was needed.
March 26, 2021
10:51 AM