Get your taxes done using TurboTax

Thank you.  Since none of my returns made distributions in 2024, no K-1s are involved (although I suppose I could create them just to pass through the QBI deductions).  So the REIT dividends should contribute to a deduction at the fiduciary level.

 

But I see that my problem here was that the income of the trust I'm currently working on exceeds the level at which a Form 8995 is applicable; I need to use a Form 8995-A.  And when I include a Form 8995-A in the return, it automatically populates and gets included in the efiled return.  So . . . problem solved. 

 

But I do think that the Form 1041 interview around such aspects would greatly benefit from improvement, and I do think that the current logic is incorrect in deciding, under the QBI section of the interview, that my cases don't qualify for a QBI deduction at the trust level (when the REIT income isn't being distributed to the beneficiaries).