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What figure to enter from K-1 line 20 code Z stmt?
I am trying to enter a partnership k-1 received with code z on line 20 that says stmt onto a 1065 return. Not sure what amount to use from the 199a stmt. There are three properties shown on the stmt, 2 have rental income figures and UBIA figures. The other one has a rental loss and 1231 gain only. I am using Turbo Tax Business. Any help would be greatly appreciated!
‎February 6, 2020
10:13 AM