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Form K-1 Line 17 Code V Stmt
On line 17 of my K-1, I have a line item with code V and STMT as the value. That refers to Statement A—QBI Pass-through Entity Reporting (Schedule K-1, Box 17, Code V). On that statement, there are two entities listed. One is for the pass-through entity or primary entity of the K-1. The other is for a PTP. Both entities have values for Ordinary Business Income (Loss). My question is how to enter both entities into Turbo Tax?
I have successfully entered in the amounts for the first entity, which is the primary entity for the K-1 but am unable to enter the value for the PTP entity. How do I do that in Tubo Tox
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April 10, 2022
7:52 PM