I prepared my 1120S using Turbo Tax Business. The K1 it produced has V* STMT in Box 17. In my personal return using Turbo Tax Deluxe, I can select V for Box 17, then it wants a number. When i look at the statement, the number it tells me to enter is 0. When i put that into my personal tax return, turbo tax returns an error and asks for a number. How do I proceed?
01272
1 Replies
Anonymous_
Level 15
Feb 1, 2022 6:49:45 AM
If you have only a zero to input into Line 17 with a V code, then do not indicate you have a figure to enter on Line 17V (i.e., leave it blank - do not select the V code).