I am in the same situation. I am a beneficiary of an estate but have not yet received a distribution. I received a 2024 K-1 showing Line 5 Other portfolio and nonbusiness income of $13,328, with an offset at 14 H of ($13,128). The difference of $200 is shown at 14 E, Net Investment Income. When I plug in the information to TurboTax, my tax is increased significantly.
Are you saying that the $13,328 is taxable income to me?
