Business & farm

The QBI adjustments need to be made using Forms Mode on Statement A (appears below each Schedule K-1).
The allocation of liabilities is made on Form 1065 p5-6 under the Balance Sheet in the Partners' Liabilities Smart Worksheet.

Here is a quick table of what was shown on each Statement A for Ordinary Income and an example of the amounts that could be entered for UBIA and Ordinary Income. Be sure you calculate these numbers yourself.

Here is Statement A for one partner, showing the incorrect amount for Ordinary income and the empty UBIA box.

Here is the liability section that needs to be allocated. You can use an allocation code in the box for beginning and ending, example "O" for ownership percentage, "P" for profit percentage.