I'm glad I found this post, but this highlights one of the many ways this software is severely lacking. For most individuals like me dealing with publicly trade partnerships (PTP) for which our K-1s have 199A income, there are several entitles involved. This means that the data for each of these has to be entered in a very inefficient manner that does not make much sense (because we did not receive individual K-1s for these entities). In my case, I have 12 separate businesses/entities apart from the main publicly traded partnership.
But this isn't even my gripe for this post.
When creating each new K-1, it requires address information for each of the entities. This is not information that's provided on a supplemental schedules with our K-1s and I'm not sure I care enough to reach out to Investor relations of the PTP to obtain information that shouldn't be required for the purposes of the QBI calculation. I'm curious to know if I just use the same address as the main partnership, whether that will mess anything up in terms of the e-file because I don't know exactly what will get transmitted to the IRS....
