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September 4, 2023
Question

K1 1020-S Code V

  • September 4, 2023
  • 1 reply
  • 0 views

On my K1 section 199A items box 17 Code V, the description is following

Ordinary income   7,069

section 179 deduction   641

w2 wages   27,927

Unadjusted basis   3,978.

 

Which amount should I enter to V-Section 199A information on the TurboTax?

 
 

 

 

 

 

    1 reply

    Employee
    September 4, 2023

    You should be able to leave that box blank (just select the V code) and then be sure to check the applicable boxes on the following screen.