DianeW777
Expert Alumni

Business & farm

The description for Box 11, Code ZZ is shown below. For this reason you must have a statement that accompanied your K1 to explain what the amount listed.  If you are unable to locate the statement, please contact the company or person who provided you your K1. 

It's very common to have boxes that require explanation statements for the partners to know how to treat an entry on the tax return. Please update here when you have more information.

 

@lewin-rob84 

 

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