JackieCPA Posted February 3, 2020 Report Share Posted February 3, 2020 Hello All! I am having a hard time. I have a client with DPAD passed through to them on 1099-PATR. I know that it goes on Form 8995-A line 38. However, should the rest of the QBI information then all be on the 8995-A? Right now, ATX is putting the QBI for the "normal" part of the farm on the simplified 8995, but the DPAD is on the 8995-A. Should it all just be going on the 8995-A? Quote Link to comment Share on other sites More sharing options...
Lee B Posted February 3, 2020 Report Share Posted February 3, 2020 There is a thread which started last Thursday with 10 posts discussing your question. Quote Link to comment Share on other sites More sharing options...
jklcpa Posted February 3, 2020 Report Share Posted February 3, 2020 Quote Link to comment Share on other sites More sharing options...
JackieCPA Posted February 3, 2020 Author Report Share Posted February 3, 2020 I'm just going to have to call ATX, I think it is more of a software not doing what it is supposed to be doing problem. Thanks! Quote Link to comment Share on other sites More sharing options...
DANRVAN Posted February 4, 2020 Report Share Posted February 4, 2020 4 hours ago, JackieB said: I'm just going to have to call ATX, I think it is more of a software not doing what it is supposed to be doing problem. This is an issue that I would not trust the software on. You have three moving parts here: -DPAD from the COOP per 199A(g), -the "patron reduction" per 199A(b)(7), -and QBID which is reduced by the "patron reduction". This all came about from a proposed reg in June 2019. There is an IRS Q and A ,https://www.irs.gov/newsroom/tax-cuts-and-jobs-act-provision-11011-section-199a-qualified-business-income-deduction-faqs I have a few clients that this will apply to and personally will need some more research before I file for those in the coming weeks. Quote Link to comment Share on other sites More sharing options...
DANRVAN Posted February 4, 2020 Report Share Posted February 4, 2020 10 hours ago, JackieB said: I have a client with DPAD passed through to them on 1099-PATR Jackie, can you post the amounts in boxes 3, 6 and 7? Quote Link to comment Share on other sites More sharing options...
JackieCPA Posted February 4, 2020 Author Report Share Posted February 4, 2020 Box 3 $38,000, Box 7 $7,000. QBID before DPAD is $6,000. If I put the DPAD on the 8995-A page two, it only brings the DPAD to the 1040. It leaves the $6000 on the 8995 simplified form. I need it to go to the A Quote Link to comment Share on other sites More sharing options...
JackieCPA Posted February 4, 2020 Author Report Share Posted February 4, 2020 False alarm, it was a software issue and was fixed Quote Link to comment Share on other sites More sharing options...
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