Support CenterWhy does Form 1120S Page 4 Sch K Line 17v not carry over the QBI to the K-1 in SureFire
🔍 Why does Form 1120S Page 4 Sch K Line 17v not carry over the QBI to the K-1 in SureFire?
The code for 199A information no longer denotes any specific value, just that 199A information is present. SureFire has changed page 1 of the K-1 so that the code will display but no amount.
SureFire has also added an on-screen note to direct the preparer to page 3 of the K-1 attachment, which has the 199A information listed.
⚠️ Before You Begin
Understand that the 199A code indicates that 199A information is present, but it no longer represents a specific value.
📝 What to Expect in SureFire
Use this when you need to know why the QBI amount does not carry over to the K-1.
Step 1: Review how the 199A code behaves
The code for 199A information no longer denotes any specific value, just that 199A information is present.
Step 2: Check the K-1 page 1 display
SureFire has changed page 1 of the K-1 so that the code will display but no amount.
Step 3: Follow the on-screen note for where the 199A information is listed
SureFire has added an on-screen note to direct the preparer to page 3 of the K-1 attachment, which has the 199A information listed.
📞 Still Need Help?
If you are having trouble, contact our support team:
Phone: 1-800-516-9442
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