PatriciaV
Expert Alumni

Get your taxes done using TurboTax

You are correct that the third line on the page "Enter Box 20 Code E Amounts" should be labelled as "Placed in service during 2024." Enter your current construction costs in the box for "2020-2022 construction" as this will report the amount on the correct line of the underlying form.

 

Confirm this by reviewing the Schedule K-1 Partnership Additional Information worksheet that is included in the PDF of your complete return.

 

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