K-1 Statement (Sch K-1, Form 1120S)

Forum|Forum|4 years ago
March 3, 2022
3 replies
26 views

Trying to copy last years return using but cant figure out how to make statement that has:

Line 17 - Other Information

Section 199A Information (Code V)

Income Items Non SSTB SSTB

Ordinary Income (0 value) (value here)

TurboTax Business Windows

DaveF1006

Alumni - Intuit

The information that is needed in this section is in the supplementary disclosure forms you receive with your K1.

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USER987456Author

Level 4

This is for an 1120s , and I can't figure out how to create those sstb and non sstb columns in the 17d area , nor a place to select code v

AliciaP1

Alumni - Intuit

The easier way to get this to populate is to answer the QBI questions in the step-by-step process of your return. To get to these questions please follow these steps:

Within your return click Other under the Federal Taxes tab
Proceed through answering the questions until you get to the Qualified Business Income Deduction screen
The next 5 screens give you the questions to answer to populate both your K-1s and Statement As

@USER987456

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