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K1
This year my K1 includes a Line 20Z Information entry. My group provided IRC Section 199A QBI Deduction computations, including Ordinary Business Income, W-2 Wages and Unadjusted Basis of Assets $ values and totals. However, it doesn't include how to calculate the deduction using the values provided. And there is no Schedule A provided with the K1. Our company provides no tax advisor. Does anyone know how to determine the correct line entry for Line 20Z Information?
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May 30, 2020
6:00 PM