TurboTax for 2024 taxes has 2023 K-1 fields but IRS changed the K-1 form Jan 2025 and TurboTax K-1 fields do NOT match. For example, block 17 is no longer block 17, it is block 20 and the codes have changed. For QBI, you now enter Z instead of V and 199 info, but it is in block 20. Here is a link to the new form, Schedule K-1 (Form 1065) 2024: https://www.irs.gov/pub/irs-pdf/f1065sk1.pdf
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Are you looking at the Schedule K-1 entry screens for Form 1120S? For that form, Box 17 does report Section 199A information.
Both the interview pages and underlying form for Form 1065 Schedule K-1 match the PDF link you posted.
Thanks, I figured it out this AM, I was confusing K-1 1065 vs K-1 1120S. Turbo Tax has the right fields in the 2024 Premier form. Thanks!
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