Business & farm
Enter the code Z on the screen for the box 20 of that K-1, but you don't need to enter an amount. Continue on, and there is a screen later in the interview titled "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. The next screen after that is for less common Section 199A amounts. When you click the box next to an item you need to report, a place will open up to enter your amount(s).
The UBIA item (last item on first screen) is for your Unadjusted Basis Assets amount.
More information about the "Statewide" vs "Pass-through" lines is needed to know whether or not those two amounts are added together for entry.
Here are screenshots of the screens you need to find:
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.
