Our K1's for all members seem to be generating with incorrect info. On line 17 of each K1, items V and W are reported. Only three of the five members of our LLC received W2 wages, though all five members' K1's show Line 17 Item W of W2 wages. The number calculated by turbotax business for this value in Line 17 Item W is the member's ownership percentage multiplied by total wages for the year, even if certain members didn't receive W2 wages. Is there a way to remove these values on the K1s being produced? Do these values impact the 1040 for each member?
