- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
2024 1040: entering K-1 line 20 code z re real estate; on 1040 entry what gets entered for code z?
In 2024 the K-1 from a 1065 with rentals has more sections. I can't figure what to add up etc from my 1065 k-1 that has a dozen rentals and enter into my 1040 K-1 questionair. The k-1 has a section A - QBI pass through reporting. Then each rental with some numbers.
I'm trying to enter this K-1 into my 1040 questionair that just has a single entry for line 20 code z. How do I add things up from the 2024 more expanded k-1?
In the 1065's k-1 section A each rental has numbers for: Rental income, UBIA of qualified property. About a dozen rentals are listed each with these 2 numbers.
tnx curt
Topics:
March 24, 2025
3:43 AM