Re: I'm entering a K-1 into Form 1120 using TurboTax Business 2023. Part III line 20 lists a Z * STMT. The drop down menu is missing "Z" as a choice, how do I enter this?

If I am completing an 1120s and have the Form1065 with Line 20 Code *Z Stmt, does that mean I don't need to enter it then since Z is not an option on the 1120 form?

8265

Level 15

Sep 7, 2024 10:04:54 AM

New Member

Sep 10, 2024 6:24:54 AM

There is no Z option on an 1120s - I apologize that I left off the s on my original post.

Level 15

Sep 10, 2024 6:41:29 AM

Level 15

Sep 10, 2024 9:07:16 AM

can't answer since i know little about Turbotax Business.

Level 15

Sep 10, 2024 9:08:49 AM

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Re: I'm entering a K-1 into Form 1120 using TurboTax Business 2023. Part III line 20 lists a Z * STMT. The drop down menu is missing "Z" as a choice, how do I enter this?