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Business & farm
there is no line 22 on a 1065 K-1.
your situation is uncleared because the IRS has no clarified reporting for tiered partnerships
in other words, the profits, losses other income and deductions for each MLP reported on your k-1 may need to be separately reported in Turbotax. There should have been a letter of explanation describing the situation in your k-1 package. the QBI info entries would follow the MLP entries. if you use 1 k-1 you'll need to total them
‎April 20, 2025
11:35 AM