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Business & farm
Yes, but it may be on a separate statement attachment that provides the details for this box on the Form 1065-K1, as @ThomasM125 indicated. This seems to be the way most partnerships are reporting the Qualified Business Income Deduction (QBID) information. Look for the attachments that came with your K1 for the information relative to Code Z, Box 20.
Code Z. Section 199A information. Generally, you may be allowed a deduction of up to 20% of your net qualified business income (QBI) plus 20% of your qualified REIT dividends, also known as section 199A dividends, and qualified PTP income from your partnership. The partnership will provide the information you need to figure your deduction. Use one of these forms to figure your QBI deduction.
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‎January 20, 2022
7:08 AM