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How do I report two activities on one K-1 with Box 20 Code Z Sec 199A?
How do I correctly enter Sch K-1, Box 20, Code Z, Section 199A information with two incomes? On the STMT, there are two incomes, one direct and one from a passthrough entity.
I have two incomes listed on the 199A statement. One direct and one through a passthrough (that also has W2 wages). Do I just add the two together, and how do I account for the passthrough entity (different FEIN)?
‎April 17, 2023
1:10 PM