K-1 Code Z info

[mb2padgett]

On my K-1 there are four different amounts listed under Code Z Section 199A: ordinary income, self employment wages, W-2 wages and unadjusted basis of assets.  Which value should be entered in TT 

[Mike9241]

for line 20z just enter the net income or loss. Turbotax doesn't use it in the tax calculations. What it may use the entry for is to later on ask for the various components that go into computing 199A. it may ask even for this info even if nothing is enter for 20Z. 

for wages not sure why both SE wages and W-2 wages are presented.  what's the difference and what are SE wages? a w-2 has taxable wages Box 1), soc1al security wages (box 3) medicare wages (box 5) and possible wages on other lines. they can all differ.

you can read this thread about 199A wages. further questions about the info you got need to be addressed to the preparer. we would be guessing

https://petersbandura.com/2025/06/02/understanding-qbi-w-2-wages-what-counts-for-the-qualified-busin...