DavidS127
Expert Alumni

Business & farm

Use the TurboTax K-1 interview questions to enter the box 20 code Z from your Form 1065 K-1.  You don't have to put an amount, just the code Z.  But, it is very important that you Continue to the Section 199A questions that follow.  In particular, there is a screen "We need some more information about your 199A income or loss".  This screen must be completed in order for your box 20 code Z information to be correctly input into TurboTax.

 

To get back to the K-1 summary screen and find the Schedule K-1 to edit, click the "magnifying glass Search" icon on the top row, enter "k-1" in the search window and press return or enter, and then click on the "Jump to k-1" link to find the K-1 you need to edit.

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