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kerry11
Level 4
March 10, 2020
Solved

K1 import to 1040 error

  • March 10, 2020
  • 3 replies
  • 31 views

I am getting errors on every 1040 that I have imported the K1.  "Box 17 Code V has been selected but no Section 199A income has been entered on Statement A"

I saw lots of posting but no answers to this issue.  Can someone please tell me how this will be resolved?

This topic has been closed for replies.
Best answer by kerry11

Thank you for clarifying this issue.  I do find it strange that you still have to manually input after the import but at least I can go forward. Thanks again

3 replies

dascpa
Level 11
March 10, 2020

At the bottom of the K-1 input screen is a Quickzoom button to enter 199A information. Click on the button and manually add the 199A income, wages, UBIA, etc.

kerry11
kerry11AuthorAnswer
Level 4
March 10, 2020

Thank you for clarifying this issue.  I do find it strange that you still have to manually input after the import but at least I can go forward. Thanks again

dd4vols
Intuit Community Champion
March 10, 2020

it's not an error with the program.  It's just that error if people have not input the Statement A info that accompanies the K-1.   @dascpa  tells you exactly where to input.  And their HAVE been tons of answers to this question with the exact same solution. 

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