iloverefunds
Returning Member

1041 K-1 Box 14 Code Z

I received a K-1 from a 1041.  The K-1 has code I and Z with no amounts for either one, just the letters "STM" meaning there is a statement attached.  I have two statements, Statement A and Statement C.  Statement A is for QBI from a business and lists Ordinary Business Income of $1,000 and UBIA of Qualified Property of $6,000 (using round numbers).  Statement C is for Qualified Coop Payments and shows Ordinary Business Income of $3,000 and Section 199A(g) Deduction of $287.  Those are the only amounts reported on those statements.  I've found where to enter those amounts later on in the K-1 input but towards the beginning of the input, TurboTax is asking for Box 14 Code Z info and I'm not sure what should be entered (if anything).  I've included a screen shot of what I'm talking about below.  Do I need to enter anything where it says "Enter description and amount of other items in the table below"? 1041 K-1 Input 2.png