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V
vastileworks
March 3, 2025
Question

I generated K1s but box 17 is blank. What did I not include on my 1120s that would cause this?

  • March 3, 2025
  • 1 reply
  • 0 views
In previous years, box 17 has shown V *STMT...

    1 reply

    M
    Mike9241
    March 3, 2025

    the most obvious omission would seem to be info for Qualified Business Income deduction (on 1040) not the S-corp) and a related question as to whether it's a specified service, trade, or business. There are many other items that would be on 17V. what was listed on the statement? 

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