1. There should be an amount on Each Partners Form 1065 K-1, Box 20, noted with Code Z, otherwise how would the partner now what to enter on their individual return? Right now, I've entered the info in all the step by step instructions and Turbo Tax for Business is not calculating Qualified Business Income Deduction and reflecting that amount in Box 20.
2. I checked all the numbers. One step for Turbo Tax for Business requires the Balance Sheet to be in balance. There is no input field for Partners Beginning Capital. Only Cash or Property Contributed or Distributed. If I add all the Partners Initial Capital from their K-1s, its different than the Balance Sheet amount.
