My K-1 line 20 has code z and an Asterisk and STMT. I can't figure out how to enter the supporting details for Section 199A. I've tried leaving the amount blank, but doesn't take me to where I can enter the information.

[DavidD66]

When you enter the K-1 there is section at the end where you enter Section 199A information.  

• On the Box 20 Info, enter the amount in box box 20 and indicate code Z1 - Section 199A Information.
• On the "We see you have Section 199A income, select "The income comes from the partnership that generated this K-1.
• On the "We need some information about 199A income" select the first choice "[Name] has business income (loss)..."
• Also check the boxes for any additional 199A included in the notes section (e.g. W-2 wages, UBIA of qualified property)
• Continue with the remaining questions in the interview

[donmcbroom]

Your response (below) says to indicate code "Z1" in Box 20.  I only have a "Z" not "Z1" as an option.  Using just "Z" I don't ever see the "We see you have Section 199A income" message anywhere.  My K-1 has multiple entries listed for Section 199A, but I can't figure out how to enter these which show up as  "*  STATEMENT" on the Z line on the K-1.  Appreciate any suggestions.

• On the Box 20 Info, enter the amount in box box 20 and indicate code Z1 - Section 199A Information.
• On the "We see you have Section 199A income, select "The income comes from the partnership that generated this K-1.

[PatriciaV]

When entering your K-1, check that it has Box 20 Code Z. You don't need to enter any amount for Code Z. 

1. Continue with the interview (this may be several screens later) until you see "We see you have Section 199A information."
2. Check the box that applies (usually the first option - income comes from this partnership).
3. On the next page "We need some information about your 199A income," be sure to check the first box and enter at least one type of income.
4. Check any other boxes that appear on Statement A and enter the related amount.
5. Be sure to complete the entire interview, especially the question "Do you want to provide more info about [partnership] in case it's needed later?"
6. You are not finished until you return to the K-1 summary page.

[donmcbroom]

I entered in K-1 line 20 "Z" and left the amount blank.  When I click on the Quick zoom button, it takes me to a screen where I can enter supporting data.  The problem is that it enters a total of these entries in section z and overrides the blank amount as above.  The printed statement for my K-1 shows "* STMT rather than a total.  What am I doing wrong?  Does it matter that there is an amount in the Z section?

[Karis_F]

To enter the K-1 information for Line 20, Code Z, you need to use the interview/step-by-step function in TurboTax in order to get to the screens needed to enter the Sec 199A information.

Enter Code Z in Box 20 and leave the amount blank, then select Continue in the interview section to get to a page that says We see you have Sec 199A information.

Your K-1 should have a supplemental statement related to Line 20, Code Z (Sec 199A) that gives you the information you need to fill out this section in TurboTax. See the instructions provided by PatriciaV for detailed instructions.