can anybody view my filling of the box 14 of a schedulek-1 to see is it correct?

[danilol]

Hello, 

img2327 is box 14 of partIII of my schedulek-1 form1041 

img 2328(1), 2329(1),2330(1) are attached statement for this schedulek-1

img 2326 is the window of turbotax " enter box 14 info"

can anybody review it for me to see whether I fill them correctly?

one question: There is no codeZ in box 14, but I see description in the attachment, shall I add that in my turbotax " enter box 14 info" or no?

[PatriciaV]

No, you don't need to enter the line with a star, no code, and "STMT". This line relates to the Section 199A information given at the end of the Box 14 supplemental information. You'll need that information to answer the QBI questions for the investment.

Note that your img2326 was not attached. However, the members of this community are reluctant to confirm entries on tax returns for many reasons.

[edited 3/14/2023 | 6:16 am to clarify response]

[danilol]

@PatriciaV 

Here is img 2326 the picture of what I filled on turbo tax . 

For those who can view and give me advise I appreciate their help, for those who reluctant to confirm I understand. 

Anyway just want to get some advise and learn something from this community. You are all tax experts. Thanks all to you.

[AliciaP1]

If the codes and dollar amounts match your Schedule K-1 then yes.  If you received Statement A but box 14 does not have code Z or an amount, you should enter code Z on this screen but leave the amount blank.

@danilol 

[danilol]

@AliciaP1 

I do not have statement A. .My box 14 has no code"Z" there,

but in the attachment of schedule K-1 there is description of CODE Z. 

so I decide to fill this window as following, is that fine?

[AliciaP1]

Yes, based on what you are showing here it looks like you have completed the screen in TurboTax correctly.

@danilol