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Level 3
posted Mar 14, 2023 8:05:56 PM

K1 Partnership Statement Box 20 Code E

My K1 Statements have code E listed in Box 20 and it says "STMT" but we did not make any electric vehicle/equipment/anything purchases.  I checked "NO" for that question when preparing the business returns.

 

There was no form 3468 that printed out with the K1 statement and there wasn't anything in our business return either.  Can I just enter zero when filing my personal taxes?

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1 Replies
Expert Alumni
Mar 14, 2023 8:24:39 PM

Yes, you can just enter zero for that when filing your personal tax returns.