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TurboTax Business 2024 and 2025 bug creating K1s, does not generate QBI Statement A
When selecting "Distribute K-1s" in TurboTax Business 2024 or 2025 for Estate and Trust 1041 returns the Qualified Business Income Pass-through Entity Reporting Statement A—QBI is not included in the PDF created. It is easy to assume that TurboTax generated the K1s correctly, send them out and then later learn from others when doing their taxes that Statement A is missing.
This is not in any way related to TurboTax Personal or on-line, only TurboTax Business for Windows.
Interesting for 1065 Partnership or 1120S Sub S Corporations the QBI Statement is included.
The work-around is to go to "Print/Save for Your Records" > "Save a PDF" and uncheck all forms and select only the desired K-1 and its associated "Statement A QBI Pass-Through Entity Report"
A protected copy of my return has been sent, token num is: 624603 34-131 77434