No code Z on menu for K-1 line 20

[PatriciaV]

In TurboTax Business, check the box for Section B1 (Qualified Business Income Deduction) rather than Box 20. You will need to complete Section A (QBI) of the K-1 worksheet, which may be easier using Forms Mode

TurboTax for Desktop (all versions) has Code Z for Box 20, which triggers follow-up questions to allow Statement A QBI entries.

@chauviermr 

[IanSt]

Why would you even say that?  It's not there.

[IanSt]

CODE Z IS NOT PRESENT.

[IanSt]

Geez, read the question before spouting off.

The question is clearly about the BUSINESS version of the software.  Yes, code z is there on the personal version, but is NOT on the business version as it has been in years past.

[IanSt]

Please read the question.  This about the BUSINESS version which inexplicably no longer has a Code Z in the drop down menu.

[ThomasM125]

In my Business TurboTax I see the code "Z" in line 20 on the Schedule K-1. You may need to indicate that you have Qualified Business Income on that screen in the Other menu:

@IanSt