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QBI on K-1 from Form 1065 - which line will it go to on K-1?

Greta
Level 8
 
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TaxGuyBill
Level 15

The QBI calculation itself is not on the 1065 or K-1, it is on the 1040.

Some of the information that may affect the QBI deduction (such as wages, qualified property, etc.) will be in Box 20 (codes "Z" through "AD").

https://www.irs.gov/pub/irs-dft/f1065sk1--dft.pdf

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TaxGuyBill
Level 15

The QBI calculation itself is not on the 1065 or K-1, it is on the 1040.

Some of the information that may affect the QBI deduction (such as wages, qualified property, etc.) will be in Box 20 (codes "Z" through "AD").

https://www.irs.gov/pub/irs-dft/f1065sk1--dft.pdf

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Marc-TaxMan
Level 8
Simplification!
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George4Tacks
Level 15
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