Sch K-1, Form 1120S, Line 17, Additional information, Section 199A Information (Code V) has Income items - Ordinary Income and Additional Information - Section 199A unadjusted basis - where do these entries go?

[AliciaP1]

This is the information used for your Qualified Business Income Deduction on your personal tax return.  You will enter the information for line 17 with a code V when you enter your K-1 into TurboTax.

You can enter your K-1 into TurboTax Online by following these steps:

1. Sign in and open your return by selecting Pick up where you left off under a section.
2. Search for K-1 and select the Jump to link at the top of the search results.
3. This will take you to the Schedules K-1 or Q screen.
4. Answer Yes and follow the prompts. 
5. We’ll ask some questions about your K-1, and then you’ll enter the data from the form.