Folks:
Individual client's K-1 reports for Box 17 Code V a "Qualified Property" amount. Can anyone tell me where am I to record that amount?
Micah
Code V relates to stock options. The answer is long and complicated.
@msindc1 You could maybe even mention the flavour of K1 you are talking about Chocolate (1120S), Vanilla (1065) or Strawberry (1041).
As is, I think it might be Neopolitan.
Start here https://accountants.intuit.com/support/en-us/help-custom/L3lhLp09p
You have clicked a link to a site outside of the Intuit Accountants Community. By clicking "Continue", you will leave the community and be taken to that site instead.