Regarding Box 14 entries for Schedule K-1 -- Trust Beneficiary.
Last year (2018) in TT, Box 14 had a pull-down selection allowing for:
Code I = Section 199A income
Code IB = Section 199A unadjusted basis
I have both of those categories to enter again for 2019 but the pull-down selection for Code I now only states "Section 199A information".
I saw in the post to go to Forms. Doing so, the form has a Box 14 Code I but, requires a "quickzoom to enter Code I Section 199A information".
Opening that quickzoom form, it requires a "Trade or Business" name entry and an EIN.
1. The TT HELP says this is different than the Trust Name and EIN. (is that true?)
2. I didn't have to enter that information (of which I don't have) in previous years.
This income and unadjusted basis is just a rental house that is in the Trust.
Help please.
