There's another thread marked "solved", but I didn't find a solution that works for me. I'm starting a new thread, in case my comment on the old thread is missed.
My K-1 just shows "STMT" in the Box 20 Code Z line. The statement included with my K1 lists a UBIA value.
If I leave Code Z off of my Box 20 entry, I'm later asked if I missed Code Z, and to answer yes even if my K-1 doesn't have Code Z in Box 20:
When I get to the end of the Federal section, and the software checks for errors, it comes up with one error, this:
I've put 0 on the entry form for Code Z, and tried random numbers as well. Nothing seems to make this form happy. I've tried deleting the K-1 for that LLC and reentering everything, but still can't get past this error.
Other conditions that may or may not affect performance are:
This is for an LLC K-1
Income is all real estate rental
Tenant is a business that I own and participate in
Special handling is required
I'm using the Windows version of Turbotax Deluxe 2023
Problem solved. Solution in the other thread with a similar title.
Problem solved. Solution in the other thread with a similar title.