How do I know the K-1 I received had 'any activities in 2018 that were classified as SSTB's or had income attributable to to SSTBs

[AliciaP1 · Accepted solution]

If you did not receive a 2018 Schedule K-1 from this business, you would answer no.  If you did receive it you can look at it and review the Statement A - QBI Pass-through Entity Reporting to see if the SSTB box is checked for any of the columns.

[paden1]

Ok.  So, if I have the K-1 but NOT the Statement A then the answer is also no?  It looks like the first year a Statement A was included was 2019. 

[AliciaP1]

Correct, if there is no Statement A for 2018, you can mark no.

@paden1 

[paden1]

Thank you so much!  I appreciate you taking the time to answer.  Have a great weekend.

[HowardL]

@AliciaP1 

I did a text search of "Statement A" on my 2018 K-1 form but it did not find anything.  Does that mean I did not have the Statement A in 2018 and I can just answer No?

Thanks in advanced for your guidance.

Regards,

Howard

[RobertB4444]

That is correct.  If you didn't have a statement A then you can answer 'no'.

@HowardL