The K-1 Box 17 Code V value is "STMT", and I have filled out the required Statement A information. Any ideas on how to get around this? Similar errors from previous years recommend clearing browser cache, but I have tried to enter this info on multiple computers and get the same result.
Follow these steps to enter Section 199A income and information:
Follow these steps to enter Section 199A income and information:
Thank you for your response. I went back through and was able to resolve the issue I was seeing and now the review does not throw an error. The issue was related to rental income. I didn't see an entry field for rental income on the Section 199A screen until I clicked on the business income option. Once I clicked on business income, more income options were displayed, including rental income. At that point, I was able to enter rental income in the correct location.
My Statement A has separate fields for "Ordinary Business Income" and "Rental Income". I was confused that TurboTax did not display "Rental Income" as one of the initial options. It is only visible after checking the "Business Income" box. It would be helpful if turbotax display rental income on the initial screen.
Thanks again!