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ASK ME ANYTHING QUESTION: K-1 Box 20 Codes Input (ProConnect)

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Level 2

Where do I input the data for these K-1 Box 20 codes in ProConnect? I am not seeing fields for these codes in the section 199A of the K-1 input.

 

20Z1

20AH1

20AH2

20AH3

20AH4

99O46

99O47

Code Z - Unadjusted Basis of Assets

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1 Solution

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Employee
Employee

Hi Amy,

Please go into the Partnership or S corporation - Schedule K-1 screens and click on Lines 11-20 at the top of the screen.  Then scroll down to this section: Section 199A: Statements A and B (20Z) and you'll see a grid and fields to enter all of the QBI information.

Thank you,

Mike

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3 Replies 3
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Employee
Employee

Hi Amy,

Please go into the Partnership or S corporation - Schedule K-1 screens and click on Lines 11-20 at the top of the screen.  Then scroll down to this section: Section 199A: Statements A and B (20Z) and you'll see a grid and fields to enter all of the QBI information.

Thank you,

Mike

View solution in original post

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Highlighted
Level 2

Thank you for the quick response!

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Highlighted
Level 12

@LynnC 

You have this topic right here, where you are getting guidance. No need to ask the other 6 times, or to keep starting new topics. If you need further help, please simply post your follow up here. That way, the background and earlier instructions are right here for the Peer users, who volunteer to help you. That means they won't keep starting Over. Please be nice to them and make it easy for them to help you. They are all a bit busy, this time of year.

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"Level Up" is a gaming function, not a real life function.
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