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Get your taxes done using TurboTax
Thank you so much for this information! I need to enter Grantor Letter info from HGR Liquidating Trust (actually 2 letters, one for my account and another for a joint account). I followed your instructions and got to the screen for entering the 199A info.
According to the Letter, I also need to enter 2 other categories: 1) Capital Gains Information including "Business Property Gain or Loss" & "Unrecaptured Section 1250 Gain" (these 2 fields show the same dollar amounts in each of the Letters) and 2) Miscellaneous Income Information ("Partnership Income from Passive Activities").
Is there another box or boxes I need to check in the K1 section in order to enter these amounts?
‎April 19, 2021
1:27 PM