rdrtax
Level 1
09-01-2020
05:22 PM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
Anyone seen the QBI wage number on a K-1 be negative?
Labels
This discussion has been locked. No new contributions can be made. You may start a new discussion here
2 Comments 2
Terry53029
Level 14
09-02-2020
08:58 AM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
Don't think it would ever be negative, unless when filling out the "199a worksheet by activity" you inadvertently put w2 wages on line 9b (adjustments) instead of line 9a (w2 wages)
IRonMaN
Level 15
09-02-2020
09:13 AM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
Unless someone likes their job so much that they are paying their employer to work for them, I can't think of any reason to have a negative wage amount other than someone had a case of pilot error while generating the K-1 info.
Slava Ukraini!