3596325
turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Announcements
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

Can someone tell me where the amount on Form 8995 Line 6 flow/come from? I can trace/calculate where the other amounts on this form come from but not this line.

Amount from K-1 Ln 14 Code I for REIT dividends is 165 and Ln 6 is showing 675
x
Do you have an Intuit account?

Do you have an Intuit account?

You'll need to sign in or create an account to connect with an expert.

2 Best answer

Accepted Solutions
DawnC
Expert Alumni

Can someone tell me where the amount on Form 8995 Line 6 flow/come from? I can trace/calculate where the other amounts on this form come from but not this line.

Do you have any 1099-DIVs - with amounts in Box 5?   

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

View solution in original post

Can someone tell me where the amount on Form 8995 Line 6 flow/come from? I can trace/calculate where the other amounts on this form come from but not this line.

Perfect!! Found the amount on a 1099-DIV!! Thanks so much Dawn C!!

View solution in original post

6 Replies
KrisD15
Expert Alumni

Can someone tell me where the amount on Form 8995 Line 6 flow/come from? I can trace/calculate where the other amounts on this form come from but not this line.

Line 6 also includes the income from a publicly traded partnership. 

Is that what issued the K-1? 

Was there income in Boxes 1-3 as well? 

 

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

Can someone tell me where the amount on Form 8995 Line 6 flow/come from? I can trace/calculate where the other amounts on this form come from but not this line.

The K-1 amount was 165 from REIT dividends (from my mom's estate split between my sisters and myself) but the amount on Ln 6 of Form 8995 was 675 and nothing on Lns 1-3 on Form 8995. Just can't figure out where the other $510 came from. We do have short and long term capital gains from 8949 that went to Schedule D buti I can't tell if any of those are REIT.  There is no publicly traded partnership. K-1 is just from estate tax return and share of REIT dividends.  Appreciate your help!

PatriciaV
Expert Alumni

Can someone tell me where the amount on Form 8995 Line 6 flow/come from? I can trace/calculate where the other amounts on this form come from but not this line.

You might check the QBI Deduction Summary worksheet to see if the component amounts are identified. Also, each activity has a QBI Component worksheet that breaks down the QBI for that activity.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

Can someone tell me where the amount on Form 8995 Line 6 flow/come from? I can trace/calculate where the other amounts on this form come from but not this line.

Unfortunately, this doesn't help.  I know what QBI is but I'm not seeing a worksheet or deduction summary with the various worksheet info for the K-1 that would relate to QBI.

DawnC
Expert Alumni

Can someone tell me where the amount on Form 8995 Line 6 flow/come from? I can trace/calculate where the other amounts on this form come from but not this line.

Do you have any 1099-DIVs - with amounts in Box 5?   

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"

Can someone tell me where the amount on Form 8995 Line 6 flow/come from? I can trace/calculate where the other amounts on this form come from but not this line.

Perfect!! Found the amount on a 1099-DIV!! Thanks so much Dawn C!!

Unlock tailored help options in your account.

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question