@Sharon Hutchins If you see my original answer at the beginning of this thread, those instructions should apply to your question. When I wrote that answer, Box 20 with different codes appeared on the K-1. Now Box 20 will have a Code Z, and you should have a statement that breaks down the different QBI categories. Input into TurboTax is slightly different now but still similar to what I described. But the principle is the same: Your ordinary business income will be in Box 1, and Rental income in Box 2. You can use the amounts there to calculate what percentage is Ordinary Business vs. Rental Income, and allocate the QBI information by those percentages. You will still treat your K-1 as if it were two to report the rental income versus the ordinary business income into the program.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
