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K-1 Line 14 shows: I * K-1 Wks QBI

K-1 Line 14 has amounts for A ($3035) and E ($1333) that I entered.  But, it doesn't let me enter the info from the third line, which is:  "I * K-1 Wks QBI".  I would appreciate help knowing what to enter and where for this line.  My daughter received this K-1 from a multi-generational family trust. 

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5 Replies
JamesG1
Employee Tax Expert

K-1 Line 14 shows: I * K-1 Wks QBI

In TurboTax Online, follow these directions to enter IRS form 1041 K-1.

 

  • Down the left side of the screen, click on Federal.
  • Down the left side of the screen, click on Wages & Income.
  • Click the down arrow to the right of S-corps, Partnerships, and Trusts.
  • Click to the right of Schedule K-1.
  • At the screen Tell us about your Schedule K-1, click to the right of Estates or trusts (Form 1041).
  • For several screens, you will be entering data right off the K-1 form.
  • At the screen Enter Box 14 Info, select I-Section 199A information.  Leave Amount empty.  Click Continue.  This tells the software that Section 199A information will need to be entered for the income previously reported.
  • At the screen We see you have Section 199A income, select the appropriate income description.  

[Edited 02/28/2026 | 2:10 PM PST]

@ArchesNationalPark 

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K-1 Line 14 shows: I * K-1 Wks QBI

Hi and thanks much for the reply! had done everything you said down to the last part  So, still some questions.   

 

REVISED: The K-1 for line 14 says  "I * K-1Wks QBI"  so because the first letter is a capital i, I selected  capital i and it shows "I-Section 199A" .  I left the amount blank and continued.    

Continuing leads to additional screens, but since this isn't business income, the only possible choice for "I" seems to be REIT dividends, which these are not. These are dividends from mutual funds in a multi-generation trust.  I didn't reach a screen that said "We see you have Section 199A income"

I don't see where I'm supposed to enter anything about "K-1 Wks QBI".

 

Thanks for any additional help!!

 

K-1 Line 14 shows: I * K-1 Wks QBI

REVISED: When I inquired to the CPA about where to enter the info he listed for K-1, Line 14.  The CPA replied:  "All of the dividends that she received are qualified dividends, meaning she can take the QBID for them."

What do I put for K-1 Line 14?  What do I enter and where so she gets the QBID?  And do I enter anything elsewhere?

The other info on the K-1 is   

Line 2a ordinary dividends $1333;

Line 2b qualified dividends $1108;

Line 12  Code: A  $135. 

 

Thanks for any help. 

 

DianeW777
Employee Tax Expert

K-1 Line 14 shows: I * K-1 Wks QBI

The qualified business income deduction (QBID) is entered in box 14, with code I on the K-1. There should be a statement with the K-1 that explains the entries for this section. It should also provide information for the following which you will need.

  1. W-2 wages. The amounts reported reflect your distributive share of the partnership’s W-2 wages allocable to the QBI of each qualified trade, business, or aggregation. See the instructions for Form 8995 or 8995-A, as appropriate.
  2. Unadjusted basis immediately after acquisition (UBIA) of qualified property.  The amounts reported reflect your distributive share of the partnership’s UBIA of qualified property of each qualified trade, business, or aggregation. See the instructions for Form 8995 or 8995-A, as applicable.
  3. Section 199A dividends. The amount reported reflects your distributive share of the partnership’s net section 199A dividends. See the instructions for Form 8995 or 8995-A, as applicable.

The net investment income tax (NIIT) is included in box 14, with code H and is explained below.

  • Use code H to identify the amount of the beneficiary’s adjustment for section 1411 NII or deductions. See the Instructions for Form 8960. An attachment may be provided with the Schedule K-1 informing the beneficiary of the detailed items to be reported on Form 1040 or 1040-SR. See Net Investment Income Tax (NIIT), earlier, for more information on these amounts

If you don't have this information check with the CPA again.

 

@ArchesNationalPark 

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K-1 Line 14 shows: I * K-1 Wks QBI

Hi Diane,
Thank you so much for this information!  I finally rec'd a complete copy of the trust taxes from the CPA (not just the K-1, which he emailed earlier).  Based on the K-1 instructions you referred me to (page 48), I searched for a Statement A-QBI Pass-Through Form and found the amount for the Section 199A Dividends!  It has a different person listed as the owner of the K-1 but since she's the only one who got a K-1 for 2025, that should be an easy error for the CPA to fix.  I appreciate your help.    

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