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Deductions & credits
So, I think that the Statement A QBI Pass Through Entity Ordinary Business Income amounts combined, do not add up the the number in box 1 of the main K-1, due to some kind of adjustment taken on a loss in one of the entities but I will follow up on that. I created a separate K-1 for each QBI entity, under the main K-1 name and EIN; but was putting the QBI income amount into Part III line 1 on the K-1, which was adding it to the original K-1 income in Part II of the Schedule E, incorrect. Once I removed the amount from Part III line 1 of the K-1, and put it only into Part III Section D1 (with the name of the pass thorough entity and its EIN #) with the W-2 wages and UBIA, then it seemed to correctly populate a QBI Component Worksheet for each. However, each of the additional K-1 still show up on Schedule E line 28; having income K-1 as 0 (column k). I am hoping this is acceptable. The two main K-1s are now the only incomes being combined to line 29a, which is believe is correct.