Schedule K-1, Section 199A, Box 20, Code Z - STMT with Passthrough Entity Reporting

TaxClueless1 — Mon, 09 Mar 2026 09:27:17 GMT

I invested in a real estate fund. I received a K-1 with Box 2 filled in (loss) and Statement A - QBI Pass-through Entity Reporting. Statement A has only the first column filled but with a separate EIN number than the LLC. The totals for Box 2 on the K-1 and Rental income (loss) on Statement A are the same. How should I answer the question, "Is the business that generated the section 199A income a separate business owned by the partnership?" Thank you.

Re: Schedule K-1, Section 199A, Box 20, Code Z - STMT with Passthrough Entity Reporting

Mike9241 — Fri, 29 Apr 2022 17:05:23 GMT

answer yes. it would seem by the reporting that your partnership invested in another partnership.

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Schedule K-1, Section 199A, Box 20, Code Z - STMT with Passthrough Entity Reporting

Re: Schedule K-1, Section 199A, Box 20, Code Z - STMT with Passthrough Entity Reporting