I have accurately entered all values provided on my K-1 into TurboTax Premier. Smart check gives me an error: "Additional Info 1: Other information fields and other items in this section add to a total of "X." This total exceeds the Schedule K-1 entry for code(s) of "Y." Please correct."
It then list my first box 20 entry for 20Z1, Section 199A income.
The difference is equal to the sum of 20Z1 and 20AG.
If I delete entries for 20Z1 and 20AG, the error goes away, but it seems my return is incomplete.
Any ideas why this is happening/
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20Z is for the QBI computaion which Turbotax should ask about later in the k-1 entries 20Z may be necessary for those questions to be asked (there is no 20Z1 inturbotax they would be entered as 20Z) .
20 AG is the gross receipts test for determining whether or not certain entities can use the cash method of accounting. Turbotax dies not use this for anything
here's a link to the code section
https://www.law.cornell.edu/uscode/text/26/448
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