You've posted on an old thread, but I'm assuming you're trying to determine how to enter your Form 1120S Schedule K-1 when codes V and AC are listed with blank amounts or *STMT* in box 17. You should mark that you have information in box 17 and list the codes on 2 separate lines. Leave the amount for Code V blank but Code AC should have an amount on your K-1. If it does not, enter 0 for Code AC.
Code V in box 17 relates to the statement information you have shown above and once you progress through entering the K-1, TurboTax will have a screen We see you have Section 199A income and this is where it starts to walk you through entering the information on the statement you show in your post.
@thurdday
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