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Investors & landlords
I have a question about 199A income. I am using the Deluxe CD version.
I have a red Z (error) for a K-1 form. The value there is the $190 from the K-1's 20Z1. Z2 has a 0 value so there is only 1 entry. There is no error message but the quick link below sends me to Section C Income and Loss Reported on Schedule E. Column g income is 0 and column j income is 193. The $193 comes from box 1, Ordinary business Income, on the K-1. The two values are not the same and the K-1's boxes 2 and 3 are 0. I am assuming the error is because the 2 values don't match, right? How can this be corrected?
March 28, 2023
2:47 PM