Deductions & credits


@ericinmaryland wrote:

I dont think any dollar values belong in 17 unless put there by Turbotax. 


Please allow me to state what I believe is the source of confusion (or at least part of it) here:

 

There are some posts in this thread that relate strictly to TurboTax Business and K-1s along with Statement A that is generated by that program while there are other posts that relate strictly to entering a K-1 received from an S corporation into a personal version of TurboTax. 

 

I would suggest that we keep these two issues separate to eliminate confusion. 

 

With respect to TurboTax Business, the program will generate Statement A as needed and place the proper figures on that statement and the V code on the K-1(s).