
Anonymous
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Deductions & credits
nothing has changed as regards to QBI except that are certain additional requirements that must be met when rental property is involved.
we can't see the k-1 but $0 could be correct if all the income is investment income. if it is $0 TT properly calculates the QBI as $0
if there are amounts on line1 or 2, then the K-1 could be in error. you'll have to contact the partnership. First look to see if there are any other documents that might explain things.
if line 1 or 2 show a loss no QBI deduction.
‎January 27, 2020
10:10 AM