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Turbo Tax Schedule K-1 Box 20 Code Z errors
I have followed suggestions from Tax Experts and revisit Schedule K-1 section, and answered that the K-1 is for QBI - UBIA of qualified property with the value of $1,382. And it is still giving me the error.
I also tried leaving BOX 20 blank and add in an extra code, say, L and put in a zero amount.
Nothing works. It appears there is a bug with this new addition of Section 199A.
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March 27, 2024
9:39 AM