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K1 box 20 multiple codes

on my schedule K1, on box 20, I have 4 codes to enter: A, Z, AG, AH but turbotax has only 3 lines, I tried clicking on the lines but didn't work, so the question is: How to add lines on box 20?

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6 Replies
Paulm81
New Member

K1 box 20 multiple codes

Click top menu "View" then pick forms and select the K-1 and go to line 20 there are 4 boxes available.  Sometimes in the step by step it doesn't show all the options.

DawnC
Expert Alumni

K1 box 20 multiple codes

You can add 10 lines.   You will get follow-up questions for Code Z (QBI) and Code AH (Other).   Put a checkmark in Box 20 and the following pages will ask for the details from the statement.    The interview has 3 lines for box 20, but once you enter a 3rd code, another line will automatically generate.  

 

How do I claim the Qualified Business Income Deduction as a Schedule K-1 Recipient?  For the Code Z part - you don't need to enter an amount as you will enter the amounts of any REIT dividends, W-2 wages, UBIA, or Section 179 deductions.   

 

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K1 box 20 multiple codes

A - can be ignored

Z - is 199A/QBI info that needs to be entered in the QBI separate section of the K-1 

AG - this is meaningless. code sec 448 bars C corp's or partnerships with a c-corp partner from using the cash basis if gross receipts are over $25 Million

AH - there's a link to enter certain of this other info

 

K1 box 20 multiple codes

When I need more lines for 20 it doesn’t add more lines after the 3rd line is entered

JamesG1
Expert Alumni

K1 box 20 multiple codes

In TurboTax Online, at the screen Enter Box 20 Info, I am able to generate multiple lines.

 

As you enter a third code, another line will automatically generate.  New lines are generated as a new code is entered in the previous line.

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K1 box 20 multiple codes

I just had this same issue in the desktop software.  It actually does create more than three boxes, but they are sort of hidden.  There is a very hard to see "scroll bar" on the right side.  Use your mouse wheel to scroll down and you will see more boxes to enter these codes.  It is REALLY HARD to see and the window continues to just show three entry boxes.  Running on a MAC as well, FYI.

 

Another note on this - MAC software seems to crash a lot on this page depending on how/where you click off these boxes.

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