Where/how do you enter amount shown under 20AH1 (Gross Receipts) on Schedule K1

[IreneS]

Is the K-1 from a partnership, S-Corp or Estate/Trust?

[curcin01]

Partnership

[phil-f-smith]

Bonus Depreciation Adjustment for Most Non-Conforming States

[IreneS · Accepted solution]

UPDATED FOR TAX YEAR 2019

To get back to the K-1 entry to enter amounts shown under 20AH, please follow these steps:

1. Click on Federal Taxes > Wages & Income   ,
2. Under Business Items, click on the box next to Schedules K-1, Q.
3. Click Yes on the next screen, Schedules K-1 or Q.  
4. On the Tell Us About Your Schedules K-1 screen.  Click on the Start/Update box next to Partnerships/LLCs (Form 1065). 
5. If you have already entered K-1 information, you will see the Partnership/LLC K-1 Summary screen.  Click  Edit to continue with the existing form entry).  
6. On  the screen, Check Boxes That Have an Amount, be sure to click Box 20.
7. On the screen, Enter Box 20 Info, select code AH - Other information from the drop-down menu and enter the amount in the box next to it. 
8. If you have additional lines with code AH, enter that information on the next line.
9. On the next screen, Enter Box 20 Code AH amounts , enter the amounts from the lines with code AH.
10. Click Continue.

[Edited | 4/3/2020 |  11:39am PDT]

[Kanepete]

Thanks for the information on how to enter information on the K-1 Box 20 AH.  I have one follow-on question to ensure that I am entering it correctly. So, I have AH1, AH2, AH3, etc.. My question is: Should I enter an amount when I select AH- Other information from the drop down menu?  Currently, I am leaving the amount blank and enter each of the AH's and amounts on the next screen along with each of their descriptions.

Thank you, Peter