I'm assuming that the K-1 you received is from a partnership (other K-1s don't have 20 lines). Do you know what the "gross receipts" are from?
Line 20 is for "Other Information " and code Z is also for "Other Information." The "1" probably refers to the first line in the Additional Information: Qualifying advanced coal project credit (3468).
To get back to the K-1 entry, please follow these steps:
The figure will flow to Form 3468 - Investment Credit and then to Form 3800 - General Business Credit. If the credit is allowed it will appear on line 54 of the 1040. If it is not allowed this year, it will be carried over to next year.
[Edited | 4/9/2020 | 10:11am PDT]
You are replying to a thread from last year.
The K-1 has changed for tax year 2019.
For Box 20 code Z, you should have received an additional statement with information that also needs to be entered. This is new for 2019, so please contact the entity that issued the K-1 if the statement is missing.