Bonnie
Level 3

OK. I figured it out. On the Form 1040: For a partnership go to the imported or entered K-1.

You need to go to Section D2 Qualified Business Income Deduction:

1. Click on button for QBI Worksheet to report. This will bring up a screen where you can name the Worksheet. Because my client (H & W) own 3 partnerships together, I named the worksheet with the name of the partnership, call it Partnership A. Then this Worksheet called QBI Component will open. You may have to manually enter the EIN.

2. Go back to the K-1. Double click on the white area where your name will appear. This will give you the opportunity to actually link the 2 together (or unlink). You are actually creating a worksheet that does not get filed with the return. The information here goes to Form 8995 which does get filed and is part of the Form 1040.

3. Repeat step 2 for every K-1. Do not combine K-1s on any worksheets or the computer will think that you have aggregated and ask for a lot more incorrect information if the 2 K-1s from the same 1065 are there because both the H & W are partners/members.

IMHO step 2, where you have to create the worksheet from each K-1, and then in a separate step link the K-1 to the worksheet is overly complicated, and I was unable to find how to do this in the Cross Reference help.

However, I have solved my own problem in only 3 hours plus time last night. I hope I help anyone else who has this problem.

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