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Re: K-1 line 17 code V has "stmt"
My K-1 line 17 has V code and stmt. the attached stmt is a QBI pass-through entity reporting. It contains 3 numbers. One is the ordinary business income (loss) reported earlier in box1. the 2nd # is w-2 wages and the 3rd # is UBIA of qualified property. What do I put in the amount box for section v?
‎April 10, 2023
7:21 AM