My K-1 (1065) has a page titled "SECTION 199A INFORMATION, BOX 20, CODE Z". Under DESCRIPTION it has six PASSTRHROUGH's each with amounts such as rental income, other deductions, W-2 wages, and unadjusted basis of assets. After I get to the TT screen "We see you have Section 199A income" how do I enter the information for all six PASSTHROUGH's?
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normally at most there are only 3 - income, w-2 wages and UBIA. however, if there are entries on 2 or more of lines 1 2, or3 on Part III you need a k-1 for each the 199A info goes with the respective k-1.
the other possibility is that there are multiple partnerships involved in which case you should have gotten a supporting schedule breaking down each line in part III by the respective partnership. this also requires entries on two k-1's and the 199A again goes with the partnership.
if neither of these is your situation you need clarification from your partnership.
The photo is the box 20 code Z info that I want to enter into the K-1. How can I do it, please?
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