Skip to main content
March 20, 2025
Question

I'm getting the following message "Box 20 code Z has been selected but no Section 199A income has been entered on Statement A."Where is statement A on turbotax?

  • March 20, 2025
  • 1 reply
  • 0 views
I did not get info for Statement A from ET K1 packet. can I just ignore it?

    1 reply

    March 20, 2025

    The statement A would not be in TurboTax, it would be included with your Schedule K-1. I believe you may have enter code "Z" in the box 20 entry on your K-1 schedule entry. If so, you need to enter an amount for the associated section 199A (QBI) income. You may need to see the documentation included with your schedule k-1 to find that amount, but often it is the same amount listed as income on the K-1 schedule, in boxes 1 to 3.

    **Say "Thanks" by clicking the thumb icon in a post**Mark the post that answers your question by clicking on "Mark as Best Answer"