We received a Sched K-1 Form 1041 for my father's trust. The trust has interest income (line 1), other portfolio and nonbusiness income (line 5), and net rental real estate income (line 7). There are also entries in line 14 E (same figure as line 1), H (negative figure on line 5), and I (same figure as line7).
When I came to the screen asking about 199A income for purposes of figuring out QBI, under the business income heading there is a place to put the rental income, which I did. There is also a place to put other income. Would I put the interest income and/or the other portolio income from line 5 here? Or do I leave this blank, as there is no other income shown on the K-1?
Thank you.
