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Level 3
July 31, 2025
Question

Schedule K-1 box 20z

  • July 31, 2025
  • 2 replies
  • 10 views

Hi everyone! If you are going to bully and shove your frustration or anger into the answer, sarcastically or otherwise, please refrain. i'm going to try one more time to use this board for help without being directly insulted. thank you. so i am entering directly from 2023 a client's return to roll forward. i did not prepare it but have the pdf in front of me. (1065 partnership, no frills, 2 partners, equal profit sharing and capital). i cannot, for the life of me, get the statement that should explain box 20z as 'non sstb income' and the number to say that. instead it says 'aggregate business activity gross income.' i've tried everything i can find. i fixed it in the partnership tab and i created a new business activity and linked it to each partner, i've been into k-1 other items and fixed it there, and i am losing my mind. please any direction is appreciated.

2 replies

IRonMaN
Level 15
August 1, 2025

Sounds like you have met Bob 😁

Slava Ukraini!
PhoebeRoberts
Intuit Community Champion
August 1, 2025

In 2023, I get Code AJ for the Aggregate Business Activity Gross Income, which is appropriate.

On the K-1 forms view, you should have something called Statement A - QBI Pass-through Entity Reporting (Schedule K-1, Box 20, Code Z) as an entirely separate page.