For Code V in box 17, choose V-Section 199A information from the drop down menu and enter the income ($12,345). Later, choose the The income comes from the S corporation that generated this K-1 option if that is true. On the screen that says We need some information about your 199A income, choose the (name of corporation) has W-2 wages and enter the wages ($123,456). Below that choose the (name of corporation) has UBIA of qualified property box and enter the qualifed property ($223,456).
For the AC code, choose AC in the drop down menu for line 17 and enter the average of gross receipts for the last three years. So, add the three years receipts and divide by three.
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