Section199A Statement

tc32 — Wed, 09 Apr 2025 17:53:27 GMT

I believe this is another TT problem:

How do you submit the Section 199A Rental RE Enterprise Statement if efiling ?

Re: Section199A Statement

JamesG1 — Wed, 09 Apr 2025 18:15:48 GMT

For IRS Schedule K-1 (1065), at the screen Enter Box 20 info, select code Z Section 199A information. A value does not have to be entered.

Then click Continue.

At the screen We need some information about your 199A income, click the box to the left of the item to be entered. An entry box will open. You may be entering:

Ordinary business income (loss) from this business,
W-2 wages for this business, and
UBIA of qualified property for this business.

The preparer of the K-1 and attachments should report the information to be disclosed. Enter these values for the qualified business income deduction to be calculated.

topic Section199A Statement in Business & farm

Section199A Statement

Re: Section199A Statement