5 Replies 5
If it is loaded into the K-1 worksheet properly and the correct boxes are checked, it works. Sorry, but I can't quite see over your shoulder to see what is happening for you. Is there taxable income on the return?
ACME Taxes, Tatoos, Tires and Tomatoes (I had to get rid of the turtles - they kept running away)
Thanks for the help. It's a K-1 that's been happening for a number of years. Nothing different this year, with $100,000 line 1 ordinary income. Near the bottom of the k-1 worksheet I indicate that it's QBI income. But just won't transfer. There are already to other items (with losses of $47,000) on the QBI summary. I have to be missing something simple.