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Completing Entry for K1 Box 20 Z

When running a check on my return I get follow error message:  I need to enter Sch K-1 Partnership (Magellan) Box 20 Code Z info Section 199A income from statement A.  But there is no statement A. The only information supplied by Magellan is supplemental Info for 20Z entitied, "Section 199A Publicly traded Partnership (PTP) $60." 

Frankly, it makes me wonder if Ttax and Magellan K1 interface correctly.  This seems like a trivial entry yet... not what I expect from a quality product.

Looking forward to a prompt reply.

An dy P

 
 
 
 
 
 
 

 

 

 

 

 

 

 

 
 

 

 

 

 

 

 
 

 

 

 

 

 

 
 
 

 

 

 

 

 

 

 

 
 

 

 

 

 

 

 

 

 
 

 

 

 

 

 

 

 

 
 

 

 

 

 

 

 
 
 

 

 

 

 

 

 

 

 

 

 
 

 

 

 

 

 

 

 

 
 

 

 

 

 

 

 
 
 

 

 

 

 

 

 

 

 
 

 

 

 

 

 

 

 

 

 

 
 
 

 

 
 

 

 

 

 

 

 

 

 
 

 

 

 

 

 

 
 

 

 

 

 

 

 

 

 

 

 
 
 

 

 

 

 

 

 
 

 

 

 

 

 

 

 

 
 

 

 

 

 

 

 

 

 

 

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2 Replies
MarilynG1
Expert Alumni

Completing Entry for K1 Box 20 Z

Go back to your original K-1 Entry.  After entering Code Z in Box 20, Continue.

 

The next screen should ask what type of 199A Income you received, which is reported in other boxes on your K-1.  Enter your $60 income appropriately. 

 

Click this link for more info on How to Enter 199A Info from K-1

 

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Completing Entry for K1 Box 20 Z

Sorry but these instructions don't help.  I have already entered in Ttax the $60 in box 20 Code Z, when completing the K-1 section of my return.  But when I reach the final check before  e-filing, Ttax does final check and shows a place on the tax form where the $60 should be enter (highlighted in pink).  BUT THE $60 IS ALREADY DISPLAYED!  What should I do? Frankly, I don't understand.  Ttax will not allow me complete e-filing.

Hope you can help... Ttax is not clear in this matter!

Looking forward to a prompt reply.

Andy

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