Business & farm


 wrote: @Dmitry  

Also, if STMT is on line 17 of K-1, how do you interpret it?


Line 17 with a V code on your K-1 contains Section 199A information, which you can read more about at the link below (and you should have received a statement with your K-1; if not contact the issuer).

 

https://www.irs.gov/newsroom/tax-cuts-and-jobs-act-provision-11011-section-199a-qualified-business-i...