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Business & farm
Ther K-1 Schedule Box 17 says "See Statement". The statement says Section 199A items, Box 17, Code V.
It lists:
Ordinary Income: 3
W-2 Wages: 8
Unadjusted Basis: 12
I have no idea how to record this since there is space for only one number.
Also, I can't determine my "At Risk" state. I am an assembly worker doing 40 hrs a week, period.
I bought Turbotax Premier to do this section, and it is not going well.
March 20, 2021
9:26 AM