I have several questions. Code Z has amount "STMT". Then there's another page with SECTION 199A Information which has the following:
RENT - EXPENSES RELATED TO RENTAL REAL ESTATE
RENTAL INCOME (LOSS) <First amount>
PASSTHROUGH - <company 2>
RENTAL INCOME <Second amount>
W-2 WAGES <Third amount>
UNADJUSTED BASIS OF ASSETS <Fourth amount>
I say <Company 2> because the name there is different from the partnership (Company 1) mentioned in Part I, B of the form 1065.
So when I go and enter the info in TurboTax online, I'm checking "The income comes from another business" and then it asks a bunch of questions I don't know how to answer:
* There's no EIN of business for <Company 2>. Should I leave it blank?
* Is "UBIA of qualified property" the <Fourth amount>?
* I don't know much about the other business so how I can answer the "uncommon adjustments" questions like "This business received qualified cooperative payments on Form 1099-PATR" ?
* I don't know if that business received income from specified services (e.g. Health, Accounting). What should I answer here?
I don't know if I should receive another statement or check with <Company 2> or <Company 1>. Any help would be appreciated. Thanks!
