Is what Is 199A Income Turbotax a hot topic right now? Uncover expert findings below.
While distributions from Real Estate Investment Trusts are not QBI, they are added into QBI for Section 199A calculations. These are report in boxes 6a and/or 6b and again in box 20 code AB on Schedule K of Form 1065, or boxes 5a and/or 5b and again in box 17 code X in Schedule K of Form 1120S.
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