My wife bought this stock in a partnership. After three months of ownership, it converted into a "regular" corporation.
The K-1 form has codes "V" and "Z" with respective values of "-1" and "0".
TurboTax will not accept the ")" without further information, supposedly on a "Statement A" that should have been included with the K-1.
There was no Statement A.
Not sure what to do here.
Can I disregard the code Z?
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Looks like I typo'd the "0" for the box 20 Z code.
The K-1 came with an instruction page.
It shows guidance for the "V" code in box 20 but nothing for the "Z".
There's no need to enter the 20Z $0 value.
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