What is Z-Section 199A information? I found this on my schedule K-1 and the entry just says Z*STMT. When i enter the K-1 in turbo tax it ask for an amount

[rockyrdzc]

When I enter that code in turbo tax it ask for an amount but I can't find one on K-1 and I dont see any secction 199A

[JamesG1 · Accepted solution]

Follow these steps to report 199A income from your partnership K-1. 

• At the screen Enter Box 20 info, select code Z Section 199A information.  No amount is entered.
• Click Continue.
• At the screen We need some information about your 199A income, you may need to enter the following information:
•    Ordinary business income (loss) from this business, or
•    Rental income

Enter these values for the qualified business income deduction to be calculated.  The preparer of the K-1 information should have generated information for you on a Statement A.