Investors & landlords

Line 20 of the K-1 for a partnership deals with income for the 199A (Qualified Business Income) deduction.  To enter this information, please follow these steps:

1. When entering the K-1, on the screen, Check Boxes that have an Amount, be sure to check Box 20. 
2. On the screen, Enter Box 20 Info, select Code Z and leave the dollar amount blank.
3. On the screen, We see you have Section 199A income, mark the appropriate radio button and click Continue. 
4. On the next screen, We need some information about your 199A income, be sure to check the appropriate boxes and entry fields will appear to enter the information.  This information should appear in the STMT attached to your K-1.]  
5. Enter any uncommon adjustments on the next screen and click Continue.

I've included a screenshot of what the entry screen for  Davenport Housing VII, L.P. should look like.  You should be able to enter the others since they only have entries for rental income.

@harisomasingh