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2017 Schedule K-1 Box 20
My Schedule K-1 Box 20 indicates "STMT" I found the location and there are two lines: 20Z1 has a "Gross Receipts" amount and 20Z2 has a "Federal Bonus Depreciation Included in Box 1" amount. How are these entered into Turbo Tax?
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April 15, 2018
8:49 AM
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Get your taxes done using TurboTax
In the K-1 section, indicate that you have box 20 entries, then provide the code Z and amount. Looks like both amounts are already included in box 1 so you should not have to reenter elsewhere.
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April 15, 2018
11:19 AM