DavidS127
Expert Alumni

Investors & landlords

The columns are the easy part, see the post above and you'll see lines on the "We need some information about your 199A income or loss" screen for both the "Section 1231 Gain (Loss)" and "UBIA of qualified property" (i.e., Unadjusted Basis) amounts.

 

The more difficult task for you is to "sort" the lines into the different "entities" being reported on your K-1.  Each entity must have a separate K-1 entered to capture the amounts for that entity.  And, if an entity has more than one type of income (box 1, box 2, or box 3) then that entity will need separate K-1s for each different "type of activity (income)" reported for that entity.

@skip 

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