PatriciaV
Expert Alumni

Business & farm

If you received and entered two Schedules K-1 from this investment, the two columns for Section 199A should correspond to these to K-1s. TurboTax requests the QBI details for each K-1 at the end of the K-1 entry interview, which should allow you to enter each column separately for the related K-1.

 

However, if you have two investments but only one K-1, it is appropriate to add the two columns together for entry in TurboTax. Be sure to retain the K-1 supplemental information with your other tax paperwork for future reference.

 

@topperdude 

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