DavidS127
Expert Alumni

Investors & landlords

Note that for software with a Forms mode (i.e., Download/CD and ProSeries), the Section 199A Statement detail is not entered on the "box 20" line.  That "box 20" line only needs the code Z entered one time, no amount is necessary on that line.  Instead, either use the QuickZoom button just below that for code Z, or simply scroll down to the D1 ("Statement A") section of that K-1 form, to enter the Section 199A Statement amounts that came with your K-1.

 

To get rid of the "red Z", that Section D1 will need an entry in one of the income boxes that is QBI eligible.

 

@petergoodbody

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"