K1 section 199A items box 17 code V

[FloridaMom]

4 numbers are listed on my statement for this box:

Ordinary Income (loss) $21

Section 179 deduction $6

W2 wages $97

unadjusted basis $21

Do I add these together to get the number for Box 17 code V?

[ThomasM125]

The code V entry in box 17 would be the qualified business income (QBI) of $21 in your case. You will enter the other numbers on the screen that says We need some information about your 199A income:

You may have to indicate that the K-1 schedule came from the same business that you are reporting on to see these options.