Hey folks,
I am having issues with my K1 as I cannot seem to get the box 20 code z portion to take without error. I have read multiple posts and I am still confused on what to do here.
My K1 box 20 has code Z in it with "STMT" in the amount field. You cannot put "STMT" in there for TurboTax so I did as others suggested and left it blank and kept going. I do get additional questions and answer those appropriately, but still it fails the final check because I have entered code z with no value. I then added a value and it still fails...
I'd like to know exactly what to do here as I have seen that I should NOT just exclude the Z code information...
But it seems I cannot edit the underlying form directly and thus have to figure out the magic combo to get this right
Should I just continue even though it keeps asking me to check this value?
On 199A the values I need to enter are:
- Net rental real estate income (loss) -895
- Qualified property 37,125
