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Get your taxes done using TurboTax
My K-1 did not come with a Statement A however I have box 20Z 'Section 199A PTP income included on Schedule K-1 lines 1,2, and 3' in my supplemental k-1 information statement.
Turbo tax is asking me the following question:
Since I only have information on box 1 of Part III of the K-1, would I indicate that I only have ordinary business income (loss)? Or do I leave this section blank as I do not have a Statement A?
Thank you.
‎April 2, 2021
9:17 AM