VenuR
Level 3
04-07-2025
04:20 PM
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I received a Schedule K-1(1120-S, S Corp), Box 17,Code V Qualified Property amount of $14,868. I would like to know where I should enter that information in Lacerte, Individual Tax Return. I would appreciate anybody helping me out. Thanks.
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Karen_pdx
Level 4
04-07-2025
05:19 PM
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on the K-1 input screen in the individual module, scroll down to the Line 17 inputs until you get the input grid for line 17V Section 199A.
VenuR
Level 3
04-08-2025
06:06 AM
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On Line 17 Box V, which column do I input the amount for Qualified Property?
Thanks.
Karen_pdx
Level 4
04-08-2025
10:02 AM
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The only box that relates to property, which is UBIA Unadjusted Basis Immediately After Acquisition.
VenuR
Level 3
04-08-2025
01:32 PM
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Thanks Karen. I appreciate the help.
