How do I claim the QBI deduction for a partnership K-1

philipweiss — Sat, 01 Jun 2019 17:45:05 GMT

The "qualified" income for the QBI deduction is reported...

JulieR — Sat, 01 Jun 2019 17:45:06 GMT

The "qualified" income for the QBI deduction is reported on your K-1 in Box 20 code "Z to AD" for Section 199A income if it is related to a Form 1065 (Partnership). If related to a Form 1120-S (S-Corp), it will be reported in Box 17 code "V,W,X,Y and/or Z".

After you have entered all of the information from your K-1, you will need to answer a couple of questions regarding the nature of the income and your expected income. If you meet the qualifications, the QBI deduction calculates after that.

topic How do I claim the QBI deduction for a partnership K-1 in Business & farm

How do I claim the QBI deduction for a partnership K-1

The "qualified" income for the QBI deduction is reported...