Greetings all.
I am a beneficiary of a Trust. The Trust only has investments (stocks, bonds, savings accounts, etc).
On the Schedule K-1 I received, in Box 14, there is a code "I* STMT" shown.
(According to the instructions, Box 14 Code I is for Section 199A information.)
Then there is a note just below this stating:
* See attached statement for additional information.
Note: A statement must be attached showing the
beneficiary’s share of income and directly apportioned
deductions from each business, rental real estate, and
other rental activity.
There is no statement attached. There is no business or rental activity associated with this Trust.
Can I just indicate this (no business or rental activity) on the return?
Or am I missing something?
As always, thanks in advance for any input.
