Even after reading all of these answers I have basic questions since this is my first time having K-1 forms. I have Turbo Tax Premier. 1. When the boxes pop up that you posted, Need more info on your 199a income: am I entering the same numbers I already entered from the K-1 Part III? Are they just asking you to input the same numbers? Because I still don't have/quite understand this Statement A thing. There is no "Statement A" to receive and I called the K-1 info numbers from my investments and they say I have everything, just read the IRS K-1 Instruction booklet. I have my K-1 forms with sections 1, 2, 3, and a Supplemental Information page with extra entries for box 20 and sometimes another box that I have to put in, along with some statements about other sections. Is Box 20Z just a description of Box 1?
2. I also thought I read that I will still need to go into FORMS and input extra info into some forms.
3. So I have to do worksheets with every K-1 form for Adjusting the Basis of a Partner's Interest in the Partnership? And I have to fill out FORM 8995 with all of the info from my 3 K-1 forms put together on the list at the top?
