TurboTax Business 2024 and 2025 bug creating K1s, does not generate QBI Statement A

[gblanc]

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

[PatriciaV]

The work-around described by @gblanc is the accepted procedure for compiling Form 1041 Schedules K-1 and related forms for distribution to beneficiaries.

1. Open your TurboTax Business return.
2. Choose File >> Save to PDF... from the top menu (black bar).
3. Choose "Specific Forms".
4. Check the boxes for:
   1. Beneficiary Letter
   2. Schedule K-1
   3. Statement A (immediately below the K-1)
5. Click the blue Save As PDF button and save the file to your computer.
6. Repeat for each beneficiary.