There is a V code on line 17.
The hard copy 1120S is prepared correctly with the SSTB checked off by the practice’s accountant.
I am manually entering the data into Turbotax to generate a K1 1120S form, as this is a small practice and we don’t have a downloadable version.
I have been following all the prompts in the turbotax interview. Never got asked the SSTB question all the way through to the end. So my point is that on turbotax, even though I need the SSTB box to be checked, the interview never gives me the chance to do it. I noticed the big tax difference and that is what made me go look on the forms view to see the 1120S that is populated by turbotax, as directed by my answers to the interview. And that is where I see that the SSTB box is not checked off. Is there something else I am missing? Thanks
