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Can you tell me what to enter in Turbo Tax from Schedule K-1 when box 17 says V* and the Other Information box says STMT? Something from the QBI form?
RE: Schedule K-1, Form 1120S: My acct. prepared my S Corp taxes. My K-1 form in box 17 has V* and the Other Information box has STMT. Attached to my 1120 is the QBI (Qualified Business Income Deduction). Turbo Tax is directing me to: "Fill in the code and dollar amount reported on Box 17 of your Schedule K1." Mine says STMT instead of giving a dollar amount. What do I enter here? Something from the QBI form?
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‎June 1, 2019
12:29 PM