DavidS127
Expert Alumni

Get your taxes done using TurboTax

When I started a Form 1041 trust return in TurboTax Business on 3/13/2020, the Section 199A dividends I reported from a Form 1099-DIV "flowed" to the K-1 (Line 14 reported an "I" code and "STMT"), the Statement A, and the 199A Statement A Summary.

 

Check for updates to your TurboTax Business (menu at top, Online>>Check for Updates) and your issue with Form 1041 Section 199A dividends should now report properly on Statement A of the K-1.

 

The issue for TurboTax Online and Download/CD users with REIT dividends for a recipient of a trust Form 1041 K-1 has also been resolved by recent updates.

 

@Pepeprwn

@RRArtie

@rvhageman

 

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