Welcome back! Ask questions, get answers, and join our large community of tax professionals.
Showing results for 
Search instead for 
Did you mean: 

QBI Only Entity Showing on Schedule E pg 2

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.


Labels (1)
0 Cheers
2 Replies 2
Level 15

This has been asked Twice:


"Level Up" is a gaming function, not a real life function.
0 Cheers
Level 1

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


0 Cheers