Schedule K-1, Line 20AH - How to report?
On my Schedule K-1, Line 20 lists Code AH *STMT.
The page after the K-3 titled "Federal Statements" lists
Schedule K-1, Line 20AH - Additional Supplemental Information
ACE Post-1993 Property Depreciation
There is no amount listed.
K-3 Part II, Section II, Line 33 (Allocable rental expenses—depreciation, depletion, and amortization)
is listed as 45,015. Are these related?
Do I enter a number in TT for Code AH? If so, do I enter 45,015? And do I enter it as a positive or negative number? The K-1 lists a total net loss of -48,995 (K-1, Part III, Box 2 and K-3, Part II, Box 55)
If no number is needed, is there somewhere in TT where I can add the "supplemental information" and would I enter the text "ACE Post-1993 Property Depreciation"?
‎September 27, 2023
1:03 PM
