VenuR
Level 3
‎04-07-2025 04:20 PM

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.

Labels
0 Cheers
Reply
Karen_pdx
Level 4
‎04-07-2025 05:19 PM

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.

View solution in original post

Reply
VenuR
Level 3
‎04-08-2025 06:06 AM

On Line 17 Box V, which column do I input the amount for Qualified Property?

Thanks.

0 Cheers
Reply
Karen_pdx
Level 4
‎04-08-2025 10:02 AM

The only box that relates to property, which is UBIA Unadjusted Basis Immediately After Acquisition. 

Reply
VenuR
Level 3
‎04-08-2025 01:32 PM

Thanks Karen. I appreciate the help.

Reply