You'll need to sign in or create an account to connect with an expert.
@MaxG wrote:
Thanks but it is neither PTP nor QBI...i
I understand; it is the REIT component that is causing the issue.
@MaxG wrote:
A screen then asks for business information for PTP?
That is most likely because you received REIT dividends passed through from the trust and you can either enter the name of the PTP (if you know it) or simply the name and tax ID number of the trust.
Thanks but it is neither PTP nor QBI...it is dividends passed to a beneficiary of a Trust that TT is not treating properly and not propagating to the appropriate 8995 or 8995-A form for the deduction. If I manually correct 8995-A, I receive a warning in review that I might not be able to e-file....which is kinda the whole point of TT.
I was on the phone for over an hour with a TT CPA who was baffled. I have been told they are "working on it" but looking at comments it has been quite some time.
@MaxG wrote:
Thanks but it is neither PTP nor QBI...i
I understand; it is the REIT component that is causing the issue.
Still have questions?
Make a postAsk questions and learn more about your taxes and finances.
ash49
Level 2
nstraughn14
Level 1
regnierug
New Member
joshmor774
Returning Member
mklpan
Level 1
Did the information on this page answer your question?
You have clicked a link to a site outside of the TurboTax Community. By clicking "Continue", you will leave the Community and be taken to that site instead.