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How to report box 20AH from Schedule K-1 Form 1065 in Turbotax?
Hi, on my Schedule K-1 form 1065, in the Supplemental Information, I have among other things these codes:
20AH1 Gross Income 11
20AH2 Current Year Federal Bonus Amount 1
I entered these codes and their values in the K-1 Worksheets during the turbotax interview on the page titled "Enter Box 20 Info" like this:
AH - Other Infirmation 11
AH - - Other Infirmation 1
Then, on the next page titled "Enter Box 20 Code AH Amounts", I have entered the info for 20AH1 and20AH2 in Other descriptions like this:
Is it the correct way to report these boxes 20AH1 and 20AH2? Should I do anything else with it?
Thanks for your help!
‎April 18, 2021
12:44 PM