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.)

581

Expert Alumni

Mar 17, 2020 1:46:00 PM

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.

New Member

Mar 17, 2020 2:22:25 PM

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

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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.)