Welcome back! Ask questions, get answers, and join our large community of tax professionals.
- Topics
- Training
- Community
- Product Help
- Industry Discussions
- User Groups
- Discover
- Resources
See what's trending for the November 15th deadline (Form 990) and resources for the upcoming tax season. View ProConnect Hot Topics.
See what's trending for the November 15th deadline (Form 990) and resources for the upcoming tax season. View ProConnect Hot Topics.
Turn on suggestions
Auto-suggest helps you quickly narrow down your search results by suggesting possible matches as you type.
Showing results for
- Intuit Accountants Community
- :
- ProConnect Tax
- :
- ProConnect Tax Discussions
- :
- WHERE DO I MARK A K-1 FROM 1120S IS A SSTB
WHERE DO I MARK A K-1 FROM 1120S IS A SSTB
Options
- Mark Topic as New
- Mark Topic as Read
- Float this Topic for Current User
- Bookmark
- Subscribe
- Printer Friendly Page
barryH
Level 1
10-12-2023
04:44 PM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
HOW TO MARK A K-1 ON A 1040 FOR SSTB
Labels
2 Comments 2
Terry53029
Level 14
10-13-2023
11:37 AM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
If your k1 is from an SSTB, then you will not have an amount in box 17V. Don't believe you have to mark the K1 for your 1040 you just will not have any 199A info
sjrcpa
Level 15
10-13-2023
12:45 PM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
K-1s have 199A info and the box checked that they are a SSTB. Depending on the owner's income, they might get the 19A deduction for a SSTB.
The more I know, the more I don't know.
