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null244
New Member

My K1 box 20T has multiple entries. T1, T2, T3, T4 and T5. How do I get TT to show those boxes.

 
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PatriciaV
Expert Alumni

My K1 box 20T has multiple entries. T1, T2, T3, T4 and T5. How do I get TT to show those boxes.

Unfortunately, TurboTax provides only one field to enter the values from Schedule K-1 Box 20 Code T. Since this code relates to depletion expense, you should be able to add the five values together and enter the total in the field provided.

If the supplemental information provided with your K-1 indicates that these five values are not for the same deduction, you may wish to create more than one K-1 in TurboTax in order to report the code T values separately.

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1 Reply
PatriciaV
Expert Alumni

My K1 box 20T has multiple entries. T1, T2, T3, T4 and T5. How do I get TT to show those boxes.

Unfortunately, TurboTax provides only one field to enter the values from Schedule K-1 Box 20 Code T. Since this code relates to depletion expense, you should be able to add the five values together and enter the total in the field provided.

If the supplemental information provided with your K-1 indicates that these five values are not for the same deduction, you may wish to create more than one K-1 in TurboTax in order to report the code T values separately.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

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