After import K-1 (Box 17) -

Forum|Forum|6 years ago
February 1, 2020
12 replies
38 views

I imported my K-1 into 1040. I have an error on the K-1 Box 17. Is it Code V. Error says - Code V has been selected but no Section 199A income has been entered on Statement A.

The client has a loss. The loss is listed. When I manually enter the amount, the error does not go away.

Please help.

ProSeries Professional

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IRonMaN

Level 15

It's waiting for a software update that is rumored to be scheduled for 2/12.

Slava Ukraini!

abctax55

Level 15

Jinx 😃

HumanKind... Be Both

IRonMaN

Level 15

We should see if Intuit can add a buzzer to hit like on a TV game show just to make this place more interesting.

Slava Ukraini!

abctax55

Level 15

I don't believe the K-1/199A function is fully operational quite yet.

HumanKind... Be Both

E

etaxchicago

Level 2

I called them several times about this issue and nobody seems to care. First they told me it would be resolved by 5th, now by the 7th and final one is 12th. I am cancelling my contract with them. Time to switch to a new software.