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Level 1
December 7, 2019
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Where do you input Passthrough Partnership K-1 code 20AH1 Gross Receipts for UBTI (Unrelated Business Taxable Income) and 20AH3 Gross Deductions for UBTI?

  • December 7, 2019
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Best answer by sjrcpa

Nowhere unless the owner is a nonprofit. Then you use it for the 990-T.

1 reply

sjrcpa
sjrcpaAnswer
Level 15
December 7, 2019

Nowhere unless the owner is a nonprofit. Then you use it for the 990-T.

The more I know the more I don’t know.