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Level 2
posted Apr 11, 2025 11:23:53 AM

k1 box 17 code v statement

federal review is requiring me to enter a statement for sub chapter s k1 box 17 code v.  Statement on my K1 is blank and turbo tax won't let me efile until I enter a statement, and I can't find a link to a statement either

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1 Replies
Expert Alumni
Apr 14, 2025 12:05:07 PM

The Section 199A information for QBI is reported on Statement A that is sent with Schedule K-1. Since Box 17 Code V is marked, you should have received this additional page. You may need to contact the company that sent the K-1 if that statement is missing.

 

When you have the QBI information, follow these steps:

 

The Section 199A questions follow the entries for Schedule K-1 boxes. Continue through the interview to the page "We see you have Section 199A income." Complete this page and those that follow. You aren't finished entering the K-1 until TurboTax takes you back to the list of K-1's in your return.

 

The screens that follow the box entries are:

  1. Other Situations
  2. Self-Employed Health Insurance
  3. Long-Term Care Insurance
  4. We see you have Section 199A income.