I need some help understanding the 199A associated with K-1 box 20 code Z

[DigGary]

My 199A is for real estate for 3 properties so there are 3 columns that have values for:

1. Net retail real estate income
2. W-2 wages
3. Qualified property

What do I put in for the box Z value? The sum of the 3 columns "Net retail real estate income" values?

On a later screen it asks for info about the 199A. Does the sum of the  "Qualified property" values go in as "UBIA"? I see I can add the "W-2 wages" info on this later screen.

Thanks, Gary

[Mike9241 · Accepted solution]

enter only the qbi income/loss for box 20. that should bring up additional questions about QBI that need to be answered. nothing flows from box 20 to the 199A calc. after you enter the K-1 there should be questions about 199A. there will be  questions TT uses the terms Qualified Business Income/QBI/199A

199A income/loss

w-2 wages

 and UBIA (qualified property)