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Level 3
posted Feb 3, 2020 11:35:55 AM

K-1 for S corp Other info box 17 with V code error looking for statement input that need to clear

How can I clear a red error on box 17, V code on Schedule K-1 for S corp OR ENTER A STATEMENT which is what is looking for. The quick zoom to enter V code information has energy and other information not related to code V for QBI. Please provide solutions. Thanks

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1 Best answer
Level 3
Feb 6, 2020 5:17:27 AM

Irene,

 

This has been resolved. See previous reply and my comments. Thanks

2 Replies
Expert Alumni
Feb 3, 2020 12:42:19 PM

The forms to calcuate the QBI are not yet finalized.  You will continue to see the red error in box 17, code V until the forms/calculations are complete.

 

For current information on forms availability, please click on this link:  Federal forms availability   [Note:  Forms 8995 and 8995-A might appear at the bottom of the list, not necessarily in numerical order. ]

Level 3
Feb 6, 2020 5:17:27 AM

Irene,

 

This has been resolved. See previous reply and my comments. Thanks