You may see a code Z in box 20 of the K-1 and the detail for the QBI income, UBIA and other components of the 199A computation are reported on a separate schedule.
The entity should provide section 199A information to compute the qualifying business income deduction.
2023 Shareholder’s Instructions for Schedule K-1 Form 1065 page 29 states:
The partnership will provide the information you need to figure your deduction.
If the 199A information is not entered, you will not qualify for a QBI deduction.
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