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Business & farm
It's possible you missed step 3 of the instructions below.
When entering your K-1, check that it has Box 20 Code Z. You don't need to enter any amount for Code Z.
- Continue with the interview until you see "We see you have Section 199A information."
- Check the box that applies (usually the first option).
- On the page "We need some information about your 199A income," be sure to check the first box and enter at least one type of income.
- Check any other boxes that appear on Statement A and enter the related amount.
- Continue back to the K-1 summary page.
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‎April 13, 2025
12:35 PM