QBI, 50% Self Rented, 50% Control Group

Accordingly, I decided to show the rental business information on one column of the 8825 and make changes only to the 199a information attached to the K-1s showing the split between self-rented and third-party.

That is why you’re a Ninja.

Just an update on how I am reporting the QBI information on the 199a attachment to the K-1.

For this example, the net income of the rental partnership is $100,000 (50% attributable to an SSTB commonly controlled entity owned by Business Owner 1).

Business Owner 1 - SSTB QBI - $25,000
Business Owner 1 - NON QBI - $25,000

Passive Owner 1 - QBI - $25,000
Passive Owner 1 - NON QBI - $25,000

I am a bit concerned that I should not be showing the non QBI portion of the income on the 199a attachment even though it is labeled as such. I am also putting a note on the K-1 Box 20 statement explaining that the amounts are for informational purposes only and that we have not made a determination that the rental business rises to the level of a trade or business for purposes of section 199a.