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October 13, 2024
Question

Schedule K-1, box 20 code A has been selected but no Section199A has benn entered on statement A

  • October 13, 2024
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2 replies

Employee
October 13, 2024
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October 13, 2024

20A is investment income. if this is an investment partnership it's unlikely it will have any QBI but if it does the QBI info would be coded 20Z