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I have a K1 form with an amount for "Ordinary Business Income" and "W-2 Wages". How do I properly enter those amounts in the "Enter Box 20 Info"?

 
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TerryA
Intuit Alumni

I have a K1 form with an amount for "Ordinary Business Income" and "W-2 Wages". How do I properly enter those amounts in the "Enter Box 20 Info"?

Those amounts are from a "Statement A" that should have come with your 1065 K-1 and there is input for that in TT. Just enter the Code Z in Box 20 - don't enter any $$ there. A few screens later is when you are offered a screen with a series of checkboxes for the types of information on your Statement A.

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