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If I enter K-1 Box 14 Code I 199A REIT dividends, TT treats it as QBI? A response to a similar question said to enter IC but my drop down box does not have IC?
My K-1 is for a Trust Beneficiary not a QBI or PTP. TT screen says Enter Box 14 info with I being Section 199A information. (No selection for IC as suggested in a previous posting). A screen then asks for business information for PTP? My Box 14 Code I is Section 199A REIT Dividends on my K-1. I tried overriding on forms and transferring the amount to 8995-A, Part IV, Line 28 but then in review TT warns that the override can prevent e-filing? Help
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March 4, 2020
1:52 PM