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Problem with Trust K1 that includes Section 199A Dividends from REIT ETFs
I have a K1 with income from REIT ETFs, where the dividend income amount is specified in box 14 code I (Section 199A Information). When I enter this information into TurboTax, it asks me for "name and employer ID for the business". It looks like TurboTax is trying to create a separate qualified PTP income entity for the dividends, rather than include this income with qualified REIT dividends that I have from other 1099-DIVs. Is this a bug in TurboTax? Last year's TurboTax had separate box 14 codes for REIT Dividends (IC) and PTP Income (ID). This year, it's just got the single code (I), and I can't figure out how to get it to treat my REIT dividends properly.
‎February 20, 2020
3:12 PM