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2024 REIT information from K-1 Trust

I found some answers from 2020 but they do not seem to apply now.  I am using TurboTax Premier for tax year 2024.

 

The instructions for the from say that Box 14, Code IC is for Section 199A REIT dividends.  That is what I need, but the form in your software has

  • Line 14 with a dropdown for A-M and ZZ, but no IC
  • Line 14 I with lines for A and ZZ, again no IC option or place to enter it
  • Quickzoom takes me farther down the same form, but I don't see "IC", "199A", or "REIT" there.

I entered "IC REIT dividends" in the first line of 14 I ZZ and it accepted that and the number, but it does not seem to carry through to form 8995 or anything else I can find.

 

How should I handle this REIT amount?

 

--- Apologies if this is posted more than once.  After the first time I was greeted by a login prompt, which made me thing that I had been logged out while typing.  A search didn't find it.  After 20 minutes I see it. ---

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1 Reply
DavidD66
Expert Alumni

2024 REIT information from K-1 Trust

There is no Box 14 code IC.   Box 14 code I is for Section 199A information.  It could be Box 14, code I, Stmt C, It could be typo.  If there is no Statement C, I would ignore it and enter box 14 with code I, that's the proper way to enter.

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