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Level 3
April 7, 2025
Solved

Schedule K-1, Box 17,Code V Qualified Property

  • April 7, 2025
  • 1 reply
  • 16 views

I received a Schedule K-1(1120-S, S Corp), Box 17,Code V Qualified Property amount of $14,868. I would like to know where I should enter that information in Lacerte, Individual Tax Return. I would appreciate anybody helping me out. Thanks.

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Best answer by Karen_pdx

on the K-1 input screen in the individual module, scroll down to the Line 17 inputs until you get the input grid for line 17V Section 199A.

1 reply

Karen_pdxAnswer
Level 5
April 7, 2025

on the K-1 input screen in the individual module, scroll down to the Line 17 inputs until you get the input grid for line 17V Section 199A.

VenuRAuthor
Level 3
April 8, 2025

On Line 17 Box V, which column do I input the amount for Qualified Property?

Thanks.

Level 5
April 8, 2025

The only box that relates to property, which is UBIA Unadjusted Basis Immediately After Acquisition.