LindaSki
Level 2
05-07-2021
02:07 PM
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I understand QBI can pass-through from each partnership.
My question is can I elect to combine the K-1 income from each partnership for the safe harbor election on the Form 1040?
When I read the rev proc and guidance it is confusing whether these are RPE's that can be combined.
I also cannot find anywhere on Lacerte input for electing to combine from K-1's. There is an election to combine rentals from Sch E but no where do i see a place to elect to combine from my K-1's