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hlbaus72
New Member

Where to report the Statement A line items from my Schedule K-1?

 
3 Replies
GiseleD
Expert Alumni

Where to report the Statement A line items from my Schedule K-1?

Please provide some more detail. Is your K-1 from a Partnership/LLC, S-Corp, or an estate/trust?

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PepeGuitar
Returning Member

Where to report the Statement A line items from my Schedule K-1?

Small Business "S" type corp.

When you enter Code V on Schedule K-1 the software asks for "Statement A". There is no Statement A to be found in TurboTax Premier. Are we waiting for an IRS update?

DianeC958
Expert Alumni

Where to report the Statement A line items from my Schedule K-1?

No,  the statement A information should be attached to the K-1 you received.

The information on the statement is to report the various items of income and wages to calculate the Qualified Business Deduction.

 

If you did not receive a Statement A with your K-1 for the S-Corp you need to have that information to finishing filling your personal return.

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