topic My K-1 in Box 14 has a Z letter code indicating Other Information of "Corpus not subject to tax" How do I indicate that without it not appearing as income? in Get your taxes done using TurboTax

My K-1 in Box 14 has a Z letter code indicating Other Information of "Corpus not subject to tax" How do I indicate that without it not appearing as income?

pjbvnuts — Mon, 03 Jun 2019 17:11:35 GMT

If this code is used, the fiduciary will provide you with...

DawnC0 — Mon, 03 Jun 2019 17:11:36 GMT

If this code is used, the fiduciary will provide you with any additional information you may need to file your return that isn't shown elsewhere on your Schedule K-1. Amounts from Box 14 (1041 - K1) are not included in your income, this box and code Z are ''information only'' line items.

My Schedule K-1 (1041) has, under box 14, two separate co...

Butters — Mon, 03 Jun 2019 17:11:38 GMT

My Schedule K-1 (1041) has, under box 14, two separate codes: "z* STMT". Are these also "information only", and can I just leave these two entries blank since it is unclear in the K-1 attached fiduciary instructions what specific numbers to enter here?

I have the same question

shirleyannh20 — Mon, 03 Jun 2019 17:11:39 GMT

I have the same question