Received a K-1 Error Message for Box 20 Code Z

[PrestigeVision]

 In the K-1 section where if the Box 20 has Z checked, the next section is the 199A or Statement A categories, the Rental Income Loss is missing. Since it’s missing, we will always get an error through Smart Check. I figured it out by going through the error and finding the Rental Income Loss section myself by scrolling down to it and inputting it myself. This should help. 

[PrestigeVision]

Leave the value for the Z blank. Run Smart Check. Scroll down inside the actual form in box that pops up. Find the Statement A section and fill in the Rental Income Loss amount. This will fix the error. 

[mayababu31]

Thank you for your help! I am struggling with the same error message. I cannot find Statement A. How do I do this? I did a search but can only get to the K-1. Please help!

[mayababu31]

I found it when I do the review but when I try to input a value into the box, I can't---any advice?

[mayababu31]

Figured it out---for others, make sure the box is checked for business loss so you can enter rental income. Thanks to everyone for your help!

[PrestigeVision]

TurboTax will ask you is you have box 20 Z checked. When you click yes it will bring you to Statment A (199A) where you can fill out a few boxes like W-2. It doesn’t have the income loss box. In the K-1 section where if the Box 20 has Z checked, the next section is the 199A or Statement A categories, the Rental Income Loss is missing. Since it’s missing, we will always get an error through Smart Check. I figured it out by going through the error and finding the Rental Income Loss section myself by scrolling down to it and inputting it myself.  Hope this helps.