Schedule K-1 ( form 1120-S)

Forum|Forum|6 years ago
March 5, 2020
2 replies
27 views

I have question about the V * stmt of #17 ( Other Information ) in Schedule K-1 for 1120S

I am not sure what should I input number of V in 1040 Sche K-1 wks, because # 17 only showing V * stmt.

Please let me know how to know amount of V in #17.

Thank you

ProSeries Professional

This topic has been closed for replies.

RollTide68

Level 7

Are you creating the K-1 from an 1120-S you prepared or are you inputting one you received from a client?

If you are creating the K-1 with an 1120-S then proseries will create the statement A

If you are inputting one you received from a client then you will need the statement A that goes with that K-1.

dd4vols

Intuit Community Champion

when you are inputing the 1120S K-1 into the 1040... look right below line 17.. there is a 17 V.. hit the Quick Zoom button a Section D1 will popup.. and you enter the QBIA numbers (Statement A as @RollTide68 mentioned above).. which is the additional info you got, attached with the 1120S K-1

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