Will section 199a income from K-1,s be entered on statement a?

[jbstokoe]

it appears that section 199a income is known why is it not entered on statement a?

[Mike9241]

what statement  A? 

[jbstokoe]

I dont even know what turbotax is asking so of course i cant fix anything.

[jbstokoe]

good question

[DawnC]

Can you expand on your question?   If you have a K-1 with information in the Other Information boxes, the issuer should have given you a statement with the amounts related to 199A, or qualified business income (QBI).     TurboTax needs the details to properly calculate the QBI.   Contact the K-1 issuer if the detailed statement was not provided.  

When you enter box 20 (or Box 17 if an S-corp) information, continue through the screens, you will come to other screens where you have to enter the breakdown.   There is more than 1 additional screen.

• We see you have Section 199A income
• We need some information about your 199A
• Adjustments of 199A amounts

If you are not getting these screens, you have answered something that is disqualifying you for the deduction, so review all of your K-1 entries in that section.     @sustainnovators

Codes Z. Section 199A information.   Partnerships

• QBI/qualified PTP items subject to partner-specific determinations.
• W-2 wages.
• Unadjusted basis immediately after acquisition (UBIA) of qualified property.
• Section 199A dividends.
• Patrons of specified agricultural and horticultural cooperatives.
• QBI items allocable to qualified payments from specified cooperatives subject to partner-specific de...
• W-2 wages allocable to qualified payments from specified cooperatives.
• Section 199A(g) deduction from specified cooperatives.

Code V. Section 199A information.  S-corp

• QBI pass-through entity reporting information.
• QBI or qualified PTP items subject to shareholder-specific determinations.
• W-2 wages.
• Unadjusted basis immediately after acquisition (UBIA) of qualified property.
• Section 199A dividends.
• Patrons of specified agricultural and horticultural cooperatives.
• QBI items allocable to qualified payments from specified cooperatives subject to shareholder-specifi...
• W-2 wages allocable to qualified payments from specified cooperatives.
• Section 199A(g) deduction from specified cooperatives.