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Qualified Business Income Pass Through
I received a Schedule K-1 as a beneficiary of an estate trust. Item 14 had the letter I and where an amount should be there was "STMT". Accompanying the K-1 was a form titled "Qualified Business Income Pass-Through Entity Reporting Statement A-QBI. It referenced a rental unit owned by the estate trust and had a negative amount (loss) in the line "Rental income". This amount does not appear on the schedule K-1. Where and how do I enter this QBI loss in Turbo Tax?
March 16, 2021
11:14 PM