See @PatriciaV here referring to Form 3468.
If IRS form K-1 (1065) box 20 code Z is not reported, you will receive no benefit from the Qualified Business Income Deduction on IRS form 8995 or 8995-A.
At the screen Enter Box 20 info,
- Select code Z Section 199A information. Do not enter a value to the right.
- Click Continue.
- At the screen We need some information about your 199A income, you may need to enter the following information:
- Ordinary business income (loss) from this business,
- Rental income (loss).
Enter these values for the Qualified Business Income Deduction to be calculated.
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