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Get your taxes done using TurboTax
Code Z is referencing your qualified business income (QBI). That is normally the income listed on lines 1 to 4 on your K-1 schedule, but it can vary.
If the income is not listed on the face of your k-1 schedule, in box 20, it should be listed on a statement attached to your K-1 schedule. You need to enter the QBI income amount.
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March 23, 2020
5:06 PM