K-1 Income not showing up on tax return

Forum|Forum|2 years ago
March 27, 2024
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I have other income reported to me on box 11, code ZZ from a k-1. Two line items make up the income for the code ZZ amount. The first number is an ordinary loss which is suppose to go to Schedule E, Part II column (i). The second item is business dividends which is suppose to go to form 1040, line 3B. However, after entering each code ZZ number, TurboTax did not ask for more detail on what this other income is. These numbers did not flow through to my tax return. How do I get TurboTax to put the box 11, code ZZ numbers on the appropriate tax form?

Best answer by Mike9241

I believe this is a Turbotax bug because many items, including 11ZZ, require additional input but Turbotaxx is not offering a new screen or even a dropdown to enter this additional information. in 2022 there was a new screen to enter this additional info.

Mike9241Answer

jbgold777

@Mike9241 @MAC18 This post shows up as "solved" but I don't see a solution? Did you guys get this problem fixed?

I am having the exact same problem with k-1 box 11, code zz. It used to be code I until this year, and it seems like TT didn't correctly adjust. For 10 years I have been entering my K-1, Box 11 and it would always populate a follow up screen where you could enter the additional info from your k-1 in order for the numbers to transmit to your return. That's not happening now.

MAC18Author

My workaround for this problem was to enter a second copy of the same k-1 in TurboTax. For the items in 11 ZZ, I simply entered them in TurboTax on the line items where I know they would get to the correct form. For example, for the ordinary income number included on 11 ZZ, I entered it on box 1. For the dividends in 11ZZ, I entered this number on in box 6a. TurboTax needs to fix this issue so that it ask for additional info when entering the numbers for line 11 ZZ