AliciaP1
Expert Alumni

Business & farm

You need to enter each partners' share of UBIA on the Statement A for each K-1.

 

To enter the amounts please follow these steps:

  1. Within your return switch to Forms mode by clicking the Forms icon in the upper right of your screen.
  2. Click on Statement A (Page 1) under the first K-1.
  3. On the UBIA of qualified property enter the 50% amounts of the total UBIA reported on the same line on the 1099A Summary (Page 1).
  4. Repeat this for the other K-1 Statement A.

We don't know why this didn't populate directly from the total entry, but we have begun investigating the issue.

 

@meades12

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"