- Mark as New
- Bookmark
- Subscribe
- Subscribe to RSS Feed
- Permalink
- Report Inappropriate Content
Investors & landlords
Thanks for trying to help, but I still must be missing something……again in box 20 of my K-1 there are 2 entries
A……….3200 at the top of box 20 and
Z………*STMT at the bottom of box 20
And on my STATEMENT A there is only 1 entry. It is for Section 1231 gain (loss). I entered that amount when entering Box 20 Info for code Z and I entered it again 3 screens later when it asks for more information about my 199A income on the line for 1232 gain (loss).
But I still get this error when TurboTax runs its final check “Box 20 Code Z has been selected but no income has been entered on Statement A”.
February 27, 2023
5:13 AM