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Schedule K-1
My Schedule K-1 Box 17 Code V shows "STMT." On the accompanying statement for Code V, there are four entries and corresponding amounts:
1) ordinary income (loss);
2) Section 179 deduction;
3) W-2 wages; and
4) unadjusted basis.
The Box 17 info in TurboTax for Code V shows "Section 199A information." Which of the four amounts listed above do I enter into the Code V box? Thank you.
March 21, 2022
6:50 AM