No matter how many times I correct the entry, upon final review of my return on TT, I get this error, and it won't allow me to file. I have gone as far as deleting the Sch. K-1 and manually re-entering the information, but at the final check, it won't let me file, despite the fact that the entries are there when I review them again. It allowed me pay to file, but won't let me file. Any suggestions would be appreciated.
Follow these steps to report Section 199A information from Statement A.
For IRS Schedule K-1 (1065), at the screen Enter Box 20 info, select code Z Section 199A information. A value does not have to be entered.
Then click Continue.
At the screen We need some information about your 199A income, click the box to the left of the item to be entered. An entry box will open. You may be entering:
Enter these values for the qualified business income deduction to be calculated.