K-1 (1065) and K-1 (568)
NEED HELP HOW TO ENTER ALL THIESE CORRECTLY!
K-1 (FORM 1065)
Box 1. Ordinary business income (loss): -440
Box 2. Net Rental Real Estate inc. (loss): 24,942
Box 14. Self-employment earnings (loss): Code A -440
Box 19. Distributions: Code A 16,483
Box 20. Other Information: Code Z* STMT
(Z) STATEMENT A—QBI OASS-THROUGH ENTITY REPORTING
(Trade or Business 1 column)
Ordinary business income loss: -440
K-1 (FORM 578)
BOX 1. Ordinary income (loss) from trade or business activities:
(b amounts from Federal sched K-1 Form 1065) (c California adjustments) (d total amounts using Ca Law. Combine col (b) and Col (c))
BOX 1: -440 Box 1: 267 Box 1: -173
BOX 2. Net Income (loss) from rental real estate activities:
(b amounts from Federal sched K-1 Form 1065) (c California adjustments) (d total amounts using Ca Law. Combine col (b) and Col (c))
BOX 2: 24,942 BOX 2: blank BOX 2: 24,942
BOX 18C. Non-Deductible Expense:
(b amounts from Federal sched K-1 Form 1065) (c California adjustments) (d total amounts using Ca Law. Combine col (b) and Col (c))
BOX 18C: blank BOX 18C: 267 BOX 18C: 267
BOX 19A. Distributions of money (cash & marketable securities):
(b amounts from Federal sched K-1 Form 1065) (c California adjustments) (d total amounts using Ca Law. Combine col (b) and Col (c))
BOX 19A: 16,483 BOX 19A: blank BOX 19A: 16,483
BOX 20C. Other information. See Instructions:
(b amounts from Federal sched K-1 Form 1065) (c California adjustments) (d total amounts using Ca Law. Combine col (b) and Col (c))
SEE FED ATCHMNT
