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Business & farm
To clear this message, return to the Schedule K-1 topic under Business Items and review your entries for this investment. It's possible that not all questions were answered.
By checking Box 20 with Code Z, TurboTax should follow up with a page "We see you have Section 199A income" and three choices for the source of that income. Be sure you check one of these boxes.
Continue through all the screens for 199A income, entering values and checking boxes as needed, including specified services. Continue until you return to the K-1 Summary page to save your work.
Run Federal Review again to be sure the message has been resolved.
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March 7, 2023
6:23 AM