abctax55
Level 15
09-01-2021
09:22 AM
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QBI is determined AT the entity level, so without that info on the K-1 (line 20 - code Z?) so you can't just put it on the F 1040.
Either it isn't QBI, or the preparer of the K-1 missed it. You (or your client...) needs to contact the preparer to clarify.
HumanKind... Be Both