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QBI Only Entity Showing on Schedule E pg 2

dusty10c_cpa
Level 1

Has anyone run into a QBI only component entity having to be entered on a separate K-1 worksheet, therefore now being shown on Sch E pg 2 as if the Taxpayer owns this K1.

In reality another flow thru entity reported by the taxpayer actually owns the LLC, so I do not believe it should be shown on Sch E Pg 2 at all.

 

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2 Replies 2
qbteachmt
Level 15

This has been asked Twice:

https://proconnect.intuit.com/community/proseries-discussions/discussion/qbi-only-component-showing-...

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dusty10c_cpa
Level 1

My error I should not have poste this question here because I am a Proseries user...NOT ProConnect.

 

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