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Investors & landlords
On my K-1, Box 20 says Z - *STMT"
On the explanation statement are included (1) Ordinary Income (Loss), (2) Self-employment earnings (Loss), Health insurance payments, W-2 Wages.
When I enter these items and amounts on the Code Z Section 199A worksheet, they add up properly and the total populates onto the return. However, the Code Box which says Code Z continues to be highlighted in pink (not yellow), and the amount is also pink. Obviously, I am doing something wrong as neither the Code info nor the total are being accepted. When I attempt to file the return, I am told that more information is needed and I end up right where as was before - i.e., at the screen where the Code is highlighted in pink and and also the total from the worksheet remains pink.
What the heck am I doing wrong???