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Schedule K-1 Line 20 AH but no Z
HI,
I received a Schedule K-1 with a line 20 AH STMT where the supplemental shows a Qualified nonrecourse of 81,647 at risk. I put that into TurboTax under AH other. It goes on to say directly under this on my supplemental of the Schedule K -1 for line 20 AH "that section199A amounts to be used in the calculation of QBI deduction on your return are reported on line 20 under codes Z, AA, AB, AC and AD. There are none of these codes reported in line 20. There is a V code in line 20. So did they make an error in not reporting it or is it up to me to report it as a code Z???? or no Z code and I am done.
(section K shows qualified nonrecourse financing as 81,647)
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‎September 10, 2022
11:24 AM