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Business & farm
@DavidS127, thanks for the extremely helpful posts regarding how to report in TurboTax multiple QBI pass-through entities associated with a single K-1. As follow up, a few questions please:
(1) The 199A Information Section shows some items as a single category that in the K-1 span multiple boxes/ subcategories; how should I allocate them/where should I include them? Specifically:
(a) Other Income (Loss) (Boxes 11A-11I)
(b) Other Deductions (Boxes 13A-13W)
(2) In the 199A Section there are some amounts under an item labeled SECTION 199A DIVIDENDS doesn't seem to be the same as Box 6 Dividends. Do you agree and if so where should I account for these?
(3) Some QBI entities don't show an EIN and don't appear to be foreign; what should I indicate in the EIN field?
(4) Finally the 199A Information section shows amounts under a few categories that don't seem to be part of the front/summary section of the K-1 that are related to QBI which include "QBI", "W-2 WAGES", and UBIA OF QUALIFIED PROPERTY (Unadjusted Basis in Qualified Property immediately After Acquisition)
(a) What am I supposed to do with them?