Hello,
On the Schedule K-1 form, the box 20 has STMT (not number).
I go to the details of the K-1 form and see that there is a section 199A, Box 20, Code Z has the following:
DESCRIPTION AMOUNT
RENT SOME PROJECT NAME
RENTAL INCOME ##### (Small number)
W-2 WAGES ##### (Small number)
UNADJUSTED BASIS OF ASSETS ##### (large number)
RENT SOME OTHER PROJECT NAME
RENTAL INCOME ##### (Small number)
W-2 WAGES ##### (Small number)
UNADJUSTED BASIS OF ASSETS ##### (large number)
Should I put the number in the TT Box 20 code Z, the sum of the two UNADJUSTED BASIS OF ASSETS?
Or, another number?
Thank you.
