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Schedule K-1 Box 17 V * Unadjusted Basis

I'm doing the 2019 1040 and I received a Schedule K-1 from our accountant for my wife's S-Corp that has an entry V * in Box 17.  The statement shows:

TRADE OR BUSINESS

X - SSTB

Ordinary Income (Loss)  - $x,xxx

W-2 Wages - $yyy,yyy

Unadjusted Basis - $z,zzz

I'm using Turbotax Home & Business and entered V-Section 199A information in box 17 without an amount

It took me to Other situations, where I thought the entry that applied was that all investments were at risk.

I then answered that the income comes from the S-Corp that generated this K-1.

In the section asking for more info about the 199A income, I was able to enter:
Ordinary business income (loss) - $x,xxx

and W-2 wages - $yyy,yyy

Can someone please advise me where to enter the "Unadjusted Basis" amount, and any other advice.

Thank you

 

 

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Schedule K-1 Box 17 V * Unadjusted Basis

Please refer to the screenshot below.

 

sc.png

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2 Replies

Schedule K-1 Box 17 V * Unadjusted Basis

Please refer to the screenshot below.

 

sc.png

Schedule K-1 Box 17 V * Unadjusted Basis

Thank you so much.

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