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Level 2
posted Mar 3, 2020 5:38:08 AM

K-1 Line 17V - *STMT

I received a K-1 with the following in Line 17:

V - *STMT.  When I try to enter it in TurboTax it requires a number.  What number do I enter?  I have Ordinary Income, Section 179, W-2 wages and UBIA of qualified property listed in the Statement A.

Thanks!

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1 Replies
Expert Alumni
Mar 3, 2020 5:57:40 AM

Box 17 you leave it blank,  The program will take you through more screens to enter the information you have on your Statement for the Ordinary Income, Section 179, W-2 Wages and UBIA.