NO - code Z in Box 20 is the amount included in total income that is classified as "qualified business income" (Section 199A income) for purposes of the 20% QBI deduction on line 9 of Form 1040 (you don't want a 20% deduction for QBI?). Please stop thinking you can "combine" things - it doesn't work like that. Just enter the K-1 amounts into the proper fields with the proper Box "Codes" and be done with it - your return will come out correctly then.
