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Entering info from K-1, box 17 has a V but no amount. How can I remove the V code entry because I am getting the runaround in this software and to the point of cancelling

Forum|Forum|7 years ago
June 6, 2019
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because this software is becoming too damn frustrating.

TurboTax Premier Online

Best answer by ToddL

Your choices are to delete the entire K-1 and re-enter it without the Code V, or enter a "1" for the amount in 17 V (a "0" may also work).

This should be a Schedule K-1 (1120S). None of the entries in Box 17 affect your return, so the "dummy entry" should get you past any review.

If you take the other approach (deleting), See: How do I delete forms in TurboTax Online?

After deleting the Schedule K-1, log out of the program. When you log back in, use the Delete a Form tool to confirm the Schedule K-1 has been removed from the list of forms in your return. Then re-enter the K-1 in the interview.

T

ToddLAnswer

Employee

Your choices are to delete the entire K-1 and re-enter it without the Code V, or enter a "1" for the amount in 17 V (a "0" may also work).

This should be a Schedule K-1 (1120S). None of the entries in Box 17 affect your return, so the "dummy entry" should get you past any review.

If you take the other approach (deleting), See: How do I delete forms in TurboTax Online?

After deleting the Schedule K-1, log out of the program. When you log back in, use the Delete a Form tool to confirm the Schedule K-1 has been removed from the list of forms in your return. Then re-enter the K-1 in the interview.