Filing 2019 tax return Form 1065, The K1 line 20 showing Z* STMT. I compered it to my 2018 tax return, on line 20 there 2 entries, Z $1.829, and AB 62,802. This year it should be similar to last year.
In a statement A, QBI Pass-through entry reporting, there are 2 entries for each partner.
Partner Income (loss) $5,001(2 equal partners).
UBIA qualified property $62,802.
Should I overwrite K1 schedule for each partner and enter:
Z ------ $5,001
AB------$62,802
I am hesitating to do that, since last year return, it was automatically inserted into the K-1.
Thank you for any help
