My Schedule K-1 Box 20 indicates "STMT" I found the location and there are two lines: 20Z1 has a "Gross Receipts" amount and 20Z2 has a "Federal Bonus Depreciation Included in Box 1" amount. How are these entered into Turbo Tax?
You'll need to sign in or create an account to connect with an expert.
In the K-1 section, indicate that you have box 20 entries, then provide the code Z and amount. Looks like both amounts are already included in box 1 so you should not have to reenter elsewhere.
In the K-1 section, indicate that you have box 20 entries, then provide the code Z and amount. Looks like both amounts are already included in box 1 so you should not have to reenter elsewhere.
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
jenxue329
New Member
broyae4281
New Member
waterdoc1
New Member
MerlinTobyPhoenix
New Member
user17711185613
New Member