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Level 2
May 1, 2025
Question

K11120-S Section 17 V

  • May 1, 2025
  • 2 replies
  • 18 views

Hi - I am a tax preparer & use Pro Series Basic. I need some hand holding with a K1 1120-S section V. I prefer some one on one help by phone. I am willing to pay a reasonable fee for assistance. If interested, please text me at

Thanks!

Jesse 

 

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2 replies

sjrcpa
Level 15
May 1, 2025

@JESSEGALINDO This is a public forum. Remove your phone number and email. The only ones who will contact you will be scammers.

The more I know the more I don’t know.
Level 2
May 1, 2025

thanks for the message.

Intuit Community Champion
May 2, 2025

If you are talking about for the shareholder' s K1 there are only three sections, no section V. Are you talking about line 17 with code V ?

Level 2
May 2, 2025

Yes, sorry about the confusion. Line 17 code V. the entry has an * & stmt .

Thanks for your reply.

Level 15
May 2, 2025

On the K-1 worksheet in ProSeries, scroll down to line 17.  Under that are three "Quickzoom" buttons.  Click the third one and you should be able to enter the information from the statement that is attached to your K-1.