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Lore
Level 1

Is z-section 199A on QBI pass?

On Schedule k-1 how do i find z section?
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1 Reply
MaryK4
Expert Alumni

Is z-section 199A on QBI pass?

The QBI information should be listed separately on a supplemental schedule (attachment) to the Schedule K-1.

 

Generally, you may be allowed a deduction of up to 20% of your net qualified business income (QBI) plus 20% of your qualified REIT dividends, also known as section 199A dividends, and qualified PTP income from your partnership. The partnership will provide the information you need to figure your deduction.

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