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June 6, 2019
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My Partnership K-1 Part III Line 20 has 3 entries and a 4th line, *STMT, which refers to Supplemental Info (in table form). Where in TT do I enter these table amts?

  • June 6, 2019
  • 3 replies
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Best answer by DanielV01

In the K-1 interview, you will be able to check a box that states "Box 20 information".  You will be able to enter all of these codes.  Additional entry lines will appear as needed.  Add the AH lines separately, and then you will get a screen that will allow you to re-enter the AH amounts for the specific credit they qualify for (AH1 should be the 1st option and AH4 the 4th option, but double-check your supplemental page to be certain).

One note:  Code AD will be calculated for the Section 199A deduction.  You might get a 20% deduction on the amount reported to you in that box.

3 replies

DanielV01
Employee
June 6, 2019
What are all the codes on the K-1 itself and the statement?
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June 6, 2019
Codes A, V, and AD.  STMT includes 20AE, 20AF, 20AH1, 20AH4. Thanks.
DanielV01
DanielV01Answer
Employee
June 6, 2019

In the K-1 interview, you will be able to check a box that states "Box 20 information".  You will be able to enter all of these codes.  Additional entry lines will appear as needed.  Add the AH lines separately, and then you will get a screen that will allow you to re-enter the AH amounts for the specific credit they qualify for (AH1 should be the 1st option and AH4 the 4th option, but double-check your supplemental page to be certain).

One note:  Code AD will be calculated for the Section 199A deduction.  You might get a 20% deduction on the amount reported to you in that box.

**Say "Thanks" by clicking the thumb icon in a post**Mark the post that answers your question by clicking on "Mark as Best Answer"
June 6, 2019
It's not allowing me to add lines....Is this a bug in the program?