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finny
New Member

Enter k1 information line 20 is a statement

My K-1 form shows line 20AH with an * and STMT.  I am not sure how to enter it as it references two numbers.  There is a second page defining the Federal Statements showing the following; 

Schedule K-1 Line 20AH - Additional Statement Information  

Description   

Additional Alternative Minimum Tax Information:

AMT Total Depreciation                           1480

ACR Post-1992 Property Depreciation   1480

Do I enter 1480 or add them together and enter 2960 or leave it blank?

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1 Best answer

Accepted Solutions
IreneS
Intuit Alumni

Enter k1 information line 20 is a statement

UPDATED FOR TAX YEAR 2019

 

Enter the amounts separately--you can have more than one line with code AH.

  1. When you come to the screen Enter Box 20 info, on the first line, select Code AH-Other information from the drop-down list and enter $1480.
  2. On the next line select code AH again and enter $1,480.
  3. On the next screen, enter the Description and Amount and click Continue.

Since these amounts pertain to deprecation, it's unlikely they'll affect your return.

 

[Edited | 4/3/2020 |  11:55am PDT]

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**Mark the post that answers your question by clicking on "Mark as Best Answer"

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2 Replies
IreneS
Intuit Alumni

Enter k1 information line 20 is a statement

UPDATED FOR TAX YEAR 2019

 

Enter the amounts separately--you can have more than one line with code AH.

  1. When you come to the screen Enter Box 20 info, on the first line, select Code AH-Other information from the drop-down list and enter $1480.
  2. On the next line select code AH again and enter $1,480.
  3. On the next screen, enter the Description and Amount and click Continue.

Since these amounts pertain to deprecation, it's unlikely they'll affect your return.

 

[Edited | 4/3/2020 |  11:55am PDT]

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

Enter k1 information line 20 is a statement

Thanks, I didn't realize I could enter multiple lines.  Also thanks for the super fast response.
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