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Deductions & credits
So if your K-1 has 3 entities that make up the numbers in box 20 (owns three other partnerships) and each one of this reported separately on Statement A, you would wind up with a total of 4 K-1's with the name of the original K-1 partner and three that contain the QBI information with the EIN's of those three partnership and the associated QBI information. That's my understanding but just want to clarify.
May 4, 2021
4:17 PM