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Business & farm
Most likely, you have a loss reported in box 1 (business income) on your K-1 schedule, and income reported in box 2 (rental income.) If so, the 199A entries are reporting the respective qualified business income (QBI) components of those entries.
You will need to enter the K-1 forms twice, one for the ordinary income/loss and one for the rental. Then, you can enter each section 199A amount separately.
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‎February 23, 2021
5:46 PM