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reporting a bug - Code AH rather than Code Z on Box 20 of the Schedule K-1 has negative tax consequences. Do NOT use this method
Using Code AH rather than Code Z on Box 20 of the Schedule K-1 has significant and negative tax consequences. TurboTax will not apply the deduction you should get, you MUST enter Code Z amounts under Code Z. Open this post for a solution !
‎April 29, 2020
10:10 AM