Skip to main content
TurboTax
Community
TurboTax
Community
TurboTax
Community
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? 

    TurboTax Expert Assist
    TurboTax Expert

    Get answers to all your tax questions

    Our experts are available on-demand, no appointment needed. Get help all year long with TurboTax Expert Assist.

    Terms & ConditionsCookie settingsAccessibility statement
    Intuit
    TurboTax Credit Karma QuickBooks MailChimp

    ©1997-2022 Intuit, Inc. All rights reserved.
    Intuit, QuickBooks, QB, TurboTax, ProConnect, and Mint are registered trademarks
    of Intuit Inc. Terms and conditions, features, support, pricing, and service options
    subject to change without notice.

    Security Certification of the TurboTax Online application has been performed by
    C-Level Security.

    By accessing and using this page you agree to the Terms of Use.

    Accessibility

    TRUSTe nResult Certified e-File C-Level Security Certification