Qualified business income for Schedule K-1, 1041

If you prepared the 1041 return in UltraTax CS, the qualified business income (QBI) calculates in the 1041 return. You can share it with the 1040 client via data sharing.
For 1041 returns not prepared in UltraTax CS, enter the amount reported on Schedule K-1, Box 13 in the
Section 1099A income
field on the K1T-3 screen. If you calculated an amount different from what's reported on the K-1, enter that amount in this field. Qualified business income calculates using this amount, adjusted for any passive activity adjustments.

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