AliciaP1
Expert Alumni

Get your taxes done using TurboTax

The second (and probably 3rd) page of your K-1 should include the Statements for code I and code Z.  The Statement A(or B or C)—QBI Pass-through Entity Reporting is there for details regarding code I.  There should also be another page for a Statement regarding code Z which is other miscellaneous items.  You need to report all codes for box 14 on your return.  The QBI can give you an additional deduction and the miscellaneous items may mean you need additional forms on your return.

 

@danilol

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