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October 30, 2024
Question

TT is asking for "QBI At Risk Op Loss" Where on k1 is this information?

  • October 30, 2024
  • 0 replies
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 I split my k1 (filled out everything except box 2. then did a different k1 with only box 2). But now in my review of taxes, TT is saying "QBI At Risk Op Loss" must be entered. No where on the k1/statement/k3 does it say this phrase.  Is this called anything else? 

 

Is it any of the figures in box 20 code z statement:

ORDINARY INCOME (LOSS) 
W-2 WAGES 
UNADJUSTED BASIS OF ASSETS

 

Thank you for any help!