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Business & farm
The same works for S-Corp only its line 17 code V. Therefore, when you input your K-1 while doing your personal return, be sure to select that line 17 has something on it, even if you know it's only a code "V" and "STMT". When you tell TT there's something on line 17 of the K-1 and then click "continue", all the options you need for the calculation to flow will open up. If you don't tell TT there is something on line 17, it will not flow to the QBI worksheet and summary.
March 16, 2020
6:50 PM