topic Schedule K-1 Box 20 Entry STMT Number in Retirement tax questions

Schedule K-1 Box 20 Entry STMT Number

Dmitry — Wed, 11 Feb 2026 08:25:52 GMT

Hello,
On the Schedule K-1 form, the box 20 has STMT (not number).
I go to the details of the K-1 form and see that there is a section 199A, Box 20, Code Z has the following:

DESCRIPTION AMOUNT
RENT SOME PROJECT NAME

RENTAL INCOME ##### (Small number)
W-2 WAGES ##### (Small number)
UNADJUSTED BASIS OF ASSETS ##### (large number)

RENT SOME OTHER PROJECT NAME

RENTAL INCOME ##### (Small number)
W-2 WAGES ##### (Small number)
UNADJUSTED BASIS OF ASSETS ##### (large number)

Should I put the number in the TT Box 20 code Z, the sum of the two UNADJUSTED BASIS OF ASSETS?
Or, another number?

Thank you.

Re: Schedule K-1 Box 20 Entry STMT Number

ThomasM125 — Sat, 13 Apr 2024 18:18:52 GMT

I assume the income from both projects is reported as such on your K-1 schedule. In that case it would be necessary to add the two unadjusted basis of assets together. You enter the combined income for the code Z entry in box 20. Later on another screen you will be asked to enter the unadjusted basis of assets.

Re: Schedule K-1 Box 20 Entry STMT Number

Dmitry — Sat, 13 Apr 2024 18:59:52 GMT

Thomas,

Thank you very much for your help!