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Get your taxes done using TurboTax
I am trying to E-file my 1040 and in the final review, keep getting sent to the K-1 line 17 V code. It says "*STMT on line 17, but shows no Section199A income". I used TurboTax Business to do my S-corp tax return, including the K-1's. Stmt A - the QBI Pass-through Entity Reporting form, attached to the K-1 shows Box SSTB checked, and shows the following amounts - Ordinary Loss -$1525, Section 179 deduction $0, W-2 Wages $4012, and UBIA of Qualified Property $8567. There is nothing showing for Section 199A dividends. What amount am I supposed to put in line 17 of the K-1. I have tried listing all of these catigories/amounts in the drop down and continue to be sent back when I try to e-file? Very frustrating! Why doesn't TurboTax input this information? PLEASE HELP?