I'm using Turbotax Business edition to file a return for the estate of my mom, who passed away in March 2018. The income distributed to beneficiaries in 2018 consisted of only interest, dividends and capital gains on sales of stocks and mutual funds. When Turbotax created the Schedules K-1 for the beneficiaries, the amounts in Boxes 1 thru 4a were as expected, but it also entered an amount in Box 14 with code E (Net Investment Income), which as far as I can tell, is just the sum of Boxes 1 and 2a. What is the meaning of this number? Is it informational only? How should the beneficiary handle it? (The instructions for Sch. K-1 don't say anything about code E.)
