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Investors & landlords
I have a very similar problem. Here are my details.
- Entity is an LLC structured as a Partnership
- The only reason for the business is a rental real estate property
- I use TurboTax Business to file taxes and provide Schedule K-1 to each partner (been doing this for several years)
- In past years, our Schedule K-1's included Box 20 Code Z and sometimes Code N, but never Code E.
- The 2022 Schedule K-1 somehow included Box 20 Code E, but there are no supporting statements (no 3468 found in my return at all).
- [Edit] Additionally, my Code Z is missing from my 2022 Schedule K-1's, which seems wrong since I do have Rental Income and UBIA of Qualified property in previous years.
This seems like a bug in TurboTax Business because it makes no sense.