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Level 1
February 16, 2020
Solved

199A

  • February 16, 2020
  • 5 replies
  • 32 views

I cannot get the QBI information to flow to the K-1 of the shareholders.  Thus when I import the data it does not flow to the individual returns.  This is not a service business and is ordinary business income.

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Best answer by itonewbie

Statement A for QBI details is new and it doesn't seem to be working yet from all the posts we've seen.  You may just as well manually make the necessary input for the computation to run.

5 replies

itonewbie
itonewbieAnswer
Level 15
February 16, 2020

Statement A for QBI details is new and it doesn't seem to be working yet from all the posts we've seen.  You may just as well manually make the necessary input for the computation to run.

---------------------------------------------------------------------------------Still an AllStar
Level 2
April 3, 2020

In Section 20 of a K-1, Code Z has a amount of -256 and I am getting the error code "no 199A income listed on Statement A..."  Where do you manually enter this information to clear the code error?