hesed1968
New Member

Schedule k1 form 1120s line 17d(x) ERROR? TT automatically entered the UBIA amounts from 2015 and 2017 as income for 2018!

 I didn't discover this until entering K-1 into Form 1040.  I deleted the Code X line from K-1 in my 1040 to make the corporate loss show correctly, but I'm concerned that doing that could trigger an audit.