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    1065 K-1 Box 20 Code Z

    HelenY
    Level 2

    URGENT:

    There is a K-1 with multiple pass-through entities' 199A info. How do I enter them on Form 1040?

    Thank you all in advance!!!

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    Just-Lisa-Now-
    Level 15
    Level 15
    can you tally them all up and just enter the totals?

    ♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪

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    8 Comments 8
    Just-Lisa-Now-
    Level 15
    Level 15
    Isnt there a Quick Zoom button below Line 20 to enter 199A info?

    ♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
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    HelenY
    Level 2

    Yes. It does. However, it only lets me input one entity's info. I don't know how to enter the rest of 10 entities' info.

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    Just-Lisa-Now-
    Level 15
    Level 15
    can you tally them all up and just enter the totals?

    ♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪
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    dkh
    Level 15

    Per the Statement in Section D1I you have to enter K1s for all 10 entities..  

    HelenY
    Level 2

    This is what I ended up with doing. Totaling all 11 entities' 199A QBI related items.

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    HelenY
    Level 2

    Do you mean by adding 10 more K-1s just for 199A purpose? The taxpayer only received one K-1 from one entity though. 

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    dkh
    Level 15

    Yes 10 more K1s but only use the 199A section  don't enter any of the other amounts

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    HelenY
    Level 2

    Got it. Thanks.