Skip to main content
TurboTax
Community
TurboTax
Community
TurboTax
Community
W
Wolpire
February 3, 2023
Question

Schedule K box 20 Z

  • February 3, 2023
  • 1 reply
  • 0 views

On my section 199A, I have information for the following items:

  • Ordinary income
  • Section 179 deduction
  • W-2 Wages
  • Unadjusted Basis of assets
  • Self-Employment Earnings

Everything has a place to be entered in TurboTax except for the Self-Employment earnings.  Does the Self-Employment earnings count as other income?  The amount matches the ordinary income listed on the 1099A.

    1 reply

    AliciaP1
    AliciaP1
    February 4, 2023

    Your K-1 should also have box 14 marked with a code A and the amount of self-employment earnings listed.  You need to only enter your self-employment earnings here and not as part of your section 199A information.

    **Say "Thanks" by clicking the thumb icon in a post**Mark the post that answers your question by clicking on "Mark as Best Answer"
    W
    WolpireAuthor
    February 4, 2023

    That makes sense, thanks for your help!

    TurboTax Sign In Widget
    TurboTax flag icon

    Unlock tailored help options in your account

    Create an account
    TurboTax Expert Assist
    TurboTax Expert

    Get answers to all your tax questions

    Our experts are available on-demand, no appointment needed. Get help all year long with TurboTax Expert Assist.

    Terms & ConditionsAccessibility statement
    Intuit
    TurboTax Credit Karma QuickBooks MailChimp

    ©1997-2022 Intuit, Inc. All rights reserved.
    Intuit, QuickBooks, QB, TurboTax, ProConnect, and Mint are registered trademarks
    of Intuit Inc. Terms and conditions, features, support, pricing, and service options
    subject to change without notice.

    Security Certification of the TurboTax Online application has been performed by
    C-Level Security.

    By accessing and using this page you agree to the Terms of Use.

    Accessibility

    TRUSTe nResult Certified e-File C-Level Security Certification