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posted Apr 8, 2023 12:36:08 PM

Trying to enter 199A info but the button to access does nothing

<p>During the initial entry of the K1, I have a line 20 Z and there is no way to enter the information.&nbsp; Several "continue" later there were fields to enter but one of the fields I had from my accountant was not asked for.&nbsp; I saved it and the checking for errors flags I did not enter my 199A info.&nbsp; Scrolling up I see a QuickZoom button to do so but the button does nothing.&nbsp; This appears to be broken and I'm stuck not getting past the 20-Z part.&nbsp; I did notice if I double click on the Amount field I get a poorly titled form.&nbsp; I entered my info from my K1 but the checking for errors is still not happy.&nbsp; What is the correct way to enter the 199A info and where?&nbsp; The other help page showing this does not work.&nbsp; This is all on the home PC version.</p>

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1 Replies
Expert Alumni
Apr 8, 2023 5:42:21 PM

To enter partnership income from a K-1, follow these directions.

 

  • Down the left side of the screen, click on Federal.
  • Down the left side of the screen, click on Wages & Income.
  • Scroll down to S-corps, Partnerships and Trusts and click Show more to the right.
  • Click Start / Revisit to the right of Schedule K-1.
  • Click Start / Update to the right of Partnerships/LLC.
  • Click through the screens until you reach Enter Box 20 Info.
  • At the screen Enter Box 20 Info, select Z-Section 199A information.  Leave Amount empty.  This tells the software that Section 199A information will need to be entered for the income previously reported.  Click Continue.
  • At the screen We see you have Section 199A income, select the appropriate income description.  Click How would I know this? for more information.
  • At the screen We need some information about your 199A income, select the appropriate income description and amount from the 199A detail provided with the K-1.  In some cases, you will also select and enter values for W-2 wages and UBIA of qualified property.  Click Continue.

The information that is needed to complete the screen may be found on a Statement A attached to your K-1 information.

 

@John H4