Irene2805
Expert Alumni

State tax filing

If there is just one K-1 that includes both rental properties, add the total of the two figures for "unadjusted basis of assets"

 

The rental loss should also be entered on the 199A details screen.  [See screenshot below.]  This entry only affects the calculation of the Qualified Business Income Deduction and does not affect the calculations in the rest of the return.

 

 

 

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