Extirpator
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@Kayla37- I am guessing that the Schedule K-1 has a value in box 2 (rental income) and then in box 20 you have a code Z. Tell TurboTax you have a code Z and don...
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TurboTax will ask if your Schedule K-1 has a value in box 1, 2, or 3. If your Schedule K-1 has a value in box 2, that is Net rental real estate income (loss).If...
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@Tamborine- TurboTax does not directly ask if there was rental income but it does ask if your Schedule K-1 has entries in boxes 1, 2, and/or 3. Box 2 correspond...
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@DavidS127,My K-1 has box 20 codes Z and AH. The worksheet shows a management entity in column A and then three business locations in columns B through D. My un...
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@DaveF1006,My Schedule K-1's Box 20, Code Z - Section 199A information has information in four columns. The first column is "Management" and only shows ordinary...
Activity Feed for Extirpator
- Cheered Re: Foreign Tax Credit - Navigating TurboTax for Vanessa A. April 17, 2024 8:59 AM
- Posted Foreign Tax Credit - Navigating TurboTax on Deductions & credits. April 11, 2024 10:15 AM
- Posted Re: Entering Section 199A Information, Box 20, Code Z on Business & farm. April 10, 2024 5:41 PM
- Posted Re: Entering Section 199A Information, Box 20, Code Z on Business & farm. April 10, 2024 5:31 PM
- Posted Re: Entering Section 199A Information, Box 20, Code Z on Business & farm. May 24, 2023 8:02 AM
- Posted Re: Schedule K-1 (Form 1065) Box 20 Code AH on Investors & landlords. April 26, 2022 1:10 PM
- Posted Re: Entering Section 199A Information, Box 20, Code Z on Business & farm. April 25, 2022 4:30 PM