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kljoneskl
New Member

My Schedule k-1 box 20 has 8 entries; turbo tax only has 3. What do I do?

Box 20 on Turbotax has room for 3 entries, my K-1 report has  8--A,V,Z*, AA*, AB*, AC*, AD*, AE*, AF*   (with amounts following)                                                                Also, my box 18 has C* STMT to refer to the attached statement--and turbotax only accepts numbers in that space, so I'm at a loss.

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1 Best answer

Accepted Solutions
JulieCo
New Member

My Schedule k-1 box 20 has 8 entries; turbo tax only has 3. What do I do?

More lines will be added to the screen for box 20 of your K-1 as you enter amounts.  Therefore, enter the codes and amounts for the first 2 lines and when you start on the 3rd line, a 4th line will appear.  As you type in the information for the 4th line, a 5th line will appear and so on.  See the sample screenshot attached with 4 lines showing.

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4 Replies
JulieCo
New Member

My Schedule k-1 box 20 has 8 entries; turbo tax only has 3. What do I do?

More lines will be added to the screen for box 20 of your K-1 as you enter amounts.  Therefore, enter the codes and amounts for the first 2 lines and when you start on the 3rd line, a 4th line will appear.  As you type in the information for the 4th line, a 5th line will appear and so on.  See the sample screenshot attached with 4 lines showing.

ruffinit5
New Member

My Schedule k-1 box 20 has 8 entries; turbo tax only has 3. What do I do?

It does not add more lines. Do you need an upgraded version to do this?
kljoneskl
New Member

My Schedule k-1 box 20 has 8 entries; turbo tax only has 3. What do I do?

Try your tab key, not return, to get more lines. It worked for me (after some puzzlement)

My Schedule k-1 box 20 has 8 entries; turbo tax only has 3. What do I do?

My 2021 Turbo Tax Premier did not add another line.  I have 4 codes in Line 20--and could only enter 3.  However, when I used the tab key as suggested, it worked!!

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