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February 14, 2023
Question

K-1 Line 20

  • February 14, 2023
  • 2 replies
  • 0 views

The Z on line 20 is highlighted in pink and I keep getting an error message. I'V never had this issue before. What is causing this?

    2 replies

    AliciaP1
    February 14, 2023

    Can you clarify which version of TurboTax you are using?

     

    @taxes0631

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    taxes0631Author
    February 14, 2023

    I am using Turbo Tax Premier and Turbo Tax Business. My error is in the Premier Version. I have the downloaded versions.  

    February 14, 2023

    line 20z in a 1065 k-1 is a waste of time because that's the QBI info that must be entered later as you enter the k-1 info. box 20Z goes nowhere.. it s because the QBI info has not been entered in the proper section (D1) that 20Z is pink 

    taxes0631Author
    February 14, 2023

    Ok I'll go back over it and hopefully find the problem. Thanks!