First create a K-1 Estate or Trust ( USE EASY STEP in TurboTax) with the Hines Liqudating Trust name, EIN and address.
( if you don't see information posted you need to hit continue to go to the next screen)
Select: Domestic Beneficiary.
Select: My K-1 uses Calendar Year
Select: Is this a Final K-1. NO
Select Boxes 1-5, 6-9 and 14
Enter: Box 1, Interest from Grantor Letter
Enter: Box 3, 0 or leave blank
Enter: Box 4a Business Property Gain or Loss from Grantor letter
Enter: Box 4c: Unrecaptured Section 1250 Gain from grantor letter
Select: Rental Real Estate
Select: NO - Are you a Real Estate Pro?
Select: NO - Participate in this Activity?
Enter: Box 7 - Partnership Income from Passive Activities from Grantor Letter
At Box 14, select the I-Section 199a and hit continue.
Pass the next 2 screens
Select: Yes - we see you have section 199A income
Next screen enter name and EIN for Hines Global REIT Properties, LP.
Next screen select Hines Global REIT has business income (loss). It will drop down 4 boxes.
Enter the QBI number in the Rental Income (loss) box.
Check the UBIA box and enter the UBIA number. Hit continue.
Next screen check None of these apply.
Next screen No.
Next screen Done.
The bulk of this is from Wherman396. I just cut and pasted. Please understand this has been a 'best effort' endeavor. The above steps appear to work.
