The 2/24/2020 update to TT Business now partially supports Form 1065 Schedule K Statement C. To utilize:
Switch from 'Step-by-Step' to 'Forms' mode.
Select the '199A Act Wks' form.
In the 'Statement C Information Section' at the bottom of that worksheet form, enter the DPAD value from box 6 on the 1099-PATR form received from the cooperative on the last line 'Section 199A(g) deduction from 1099-PATR' of the worksheet.
A Statement C will then be generated in addition to (versus replacing?) Statement A for each partner/member with that partner/member's allocation of the DPAD value.
However, since the '199A Act Wks' worksheet does not support the entry of the cooperative name or FEIN, will then need to select the Statement C for each partner/member and override the blank fields for 'Cooperative's Name:' and 'Cooperative's EIN: to enter that information.
Then can switch back to 'Step-by-Step' mode to continue processing the return.
