K1s from MLPs like Enterprise Products have box 20Z with Section 199A (PTP) income.
Years past TT has required a separate K1 completed with only the Box 20Z info, if the income comes from a Publicly Traded Partnership. This has worked, but this year TT requires information entered into Schedule A on the K1, or else there are error messages.
Putting in any figure on the Schedule A resolves the error, but some have recommended "zero" under business income and loss.
Shouldn't the more accurate approach be to use the actual Box 20 Z data as business income and loss, as it is not rental or royalty or section 1231, or should it be listed as UBTI ?
The company on the phone provided no useful help, other than to confirm it is PTP.
