1074395
How can I clear a red error on box 17, V code on Schedule K-1 for S corp?
You'll need to sign in or create an account to connect with an expert.
@pjn wrote:
This screen probably appears on the interview format.
Yes, the screen does appear in interview (Step-by-Step) Mode. However, if you go back through Step-by-Step, you will most likely discover that whatever steps you took in Forms Mode now appear in the interview.
I followed the procedure you set forth in Forms Mode and, thereafter, the figure I entered appeared in Step-by-Step.
@pjn wrote:
How can I clear a red error on box 17, V code on Schedule K-1 for S corp?
You have to check one (or more of the boxes) on the screen following entry of Line 17 with a V code.
This screen probably appears on the interview format. When using the forms format, such screen is not visible. Instead what did was I proceeded to scroll down where you enter Line 17 V code and found Section D1 that captures Statement A information and filled appropriate information and that cleared the error. Section D2 is filled mostly with information already on Sch K-1 and from other parts of the return.
@pjn wrote:
This screen probably appears on the interview format.
Yes, the screen does appear in interview (Step-by-Step) Mode. However, if you go back through Step-by-Step, you will most likely discover that whatever steps you took in Forms Mode now appear in the interview.
I followed the procedure you set forth in Forms Mode and, thereafter, the figure I entered appeared in Step-by-Step.
That's great. I'll keep the step by step in mind when faced with another issue. I've always use the forms mode.
Thanks.
P.S. Issue resolved for those facing the same questions.
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
nirbhee
Level 3
soccerfan1357
Level 1
mulleryi
Level 2
mulleryi
Level 2
filmbuph
New Member