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S corp with 2 shareholders. On individual K-1,Line 17, proseries carries the total wages of both for Code W. That's incorrect. How do you get around this?
S-corp with 2 shareholders, each receiving a W-2. On Line 7 of 1120-S, their combined wages are shown, with the breakdown for each shown on 1125-E. Yet, for each Shareholder's K-1, the total combined wages are shown on Line 17, code W. This is wrong. It should show only that shareholder's W-2 wages. Seems like a software error in the flow of info to the K-1. Any way to get around this?
