K1 and the V code

i have a V in box 17 on K1,however the statement A does not show any number. im getting flagged on the check. Should V be the income form Box 1 ?  When I insert that figure which seems to make sense-my tax owed lowers.     

also, should i be reporting the AC gross, AJ Aggregate Biz activity inc and AJ aggregate deductions on TT?