V-Section 199A information on K1 Line 17 on K1

Ckb55 · Apr 23, 2025 2:14:02 PM

It asks for an amount. What value do I need to figure or can I leave it blank? I have a loss of $10,103 and an owner income of $2003. Do I subtract the loss from owners income to come up with an answer? Please advise. Thanks

It asks for an amount. What value do I need to figure or can I leave it blank?

I have a loss of $10,103 and an owner income of $2003.

Do I subtract the loss from owners income to come up with an answer? Please advise.

Thanks

posted

You can leave the line with Code V blank. A few screens later, you will get another screen that will ask for the details of the 199A information.

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V-Section 199A information on K1 Line 17 on K1