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rkmura
New Member

S-Corp business K-1 Box 17 "V" says see stmt. Which number do I enter from the statement? (#'s under Ordinary bus. income, W-2 wages, and UBIA - nothing for 199a Div.)

 
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2 Replies
KurtL1
Expert Alumni

S-Corp business K-1 Box 17 "V" says see stmt. Which number do I enter from the statement? (#'s under Ordinary bus. income, W-2 wages, and UBIA - nothing for 199a Div.)

The information in the Box 17 V Statement is the information need to calculate the Qualified Business Income deduction. Box 17 does not specify 199 Dividends unless it is listed in the statement.

 

 

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rkmura
New Member

S-Corp business K-1 Box 17 "V" says see stmt. Which number do I enter from the statement? (#'s under Ordinary bus. income, W-2 wages, and UBIA - nothing for 199a Div.)

Soif there is nothing under 199a Dividends I don't need to enter anything?

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