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Business & farm
I have a K-1 for rental real estate. Box 20 has code Z and the statement has the items Rental Income and Unadjusted Basis of Assets.
After I enter those TT asks about section 199a income and there is a check box for the income but not for the assets. There is a checkbox for UBIA of Qualified Property, that's not the same is it? If not, where do I put the Unadjusted Basis of Assets?
March 10, 2020
1:59 PM