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April 13, 2025
Question

How to enter K-1 Box 13 code ZZ

  • April 13, 2025
  • 1 reply
  • 0 views

How to enter BOX 13 CODE ZZ? 

 

Here is my K-1 BOX 13 section: 

BOX 13, CODE ZZ OTHER: 

     OTHER DEDUCTIONS

     TRADE OR BUSINESS INTEREST EXPENSE

TOTAL OTHER

 

Enter Code ZZ Detail
Select the type of detail supplied on your K-1, box 13, Code ZZ. Then fill in the requested details regarding the $X you entered on box 13, for Code ZZ.
  
 
Early Withdrawal Penalty
 
Investment Interest Expense
 
Miscellaneous Itemized Deductions
 
Nonpassive Deductions to be Reported on Schedule E, Page 2
 
Section 754 Depreciation
 
Taxes and State Income Tax Withheld
 
I Have Another Description Item

1 reply

PatriciaV
April 14, 2025

According to the K-1 descriptions you provided for Box 13 Code ZZ, you would choose "Investment Interest Expense" (Trade of Business Interest Expense) and "Nonpassive Deductions" (Other Deductions).

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