https://ttlc.intuit.com/community/taxes/discussion/1065-sch-k-1-box-20-code-z-with-multiple-activity-levels/01/3703697#M1370182 <P>I received a K-1 where, under box 20, code z, there are 8 different activities (8 properties in this Limited Partnership) all broken out separately for their respective QBI and UBIA.&nbsp; I am making a formal aggregation election under IRS Reg. 1.199A-4&nbsp; under my "real estate professional" status and I believe I need these 8 activities broken out separately.&nbsp; How do I do that?&nbsp; Once my QBI flips to the positive in a few years, I don't want to run into issues optimizing my Section 199A deduction.</P><P>&nbsp;</P><P>&nbsp;</P><P>&nbsp;</P><P>&nbsp;</P> Wed, 24 Sep 2025 00:08:21 GMT tarti 2025-09-24T00:08:21Z https://ttlc.intuit.com/community/taxes/discussion/1065-sch-k-1-box-20-code-z-with-multiple-activity-levels/01/3703697#M1370182 <P>I received a K-1 where, under box 20, code z, there are 8 different activities (8 properties in this Limited Partnership) all broken out separately for their respective QBI and UBIA.&nbsp; I am making a formal aggregation election under IRS Reg. 1.199A-4&nbsp; under my "real estate professional" status and I believe I need these 8 activities broken out separately.&nbsp; How do I do that?&nbsp; Once my QBI flips to the positive in a few years, I don't want to run into issues optimizing my Section 199A deduction.</P><P>&nbsp;</P><P>&nbsp;</P><P>&nbsp;</P><P>&nbsp;</P> Wed, 24 Sep 2025 00:08:21 GMT https://ttlc.intuit.com/community/taxes/discussion/1065-sch-k-1-box-20-code-z-with-multiple-activity-levels/01/3703697#M1370182 tarti 2025-09-24T00:08:21Z