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Level 2
March 3, 2021
Question

Schedule K-1 How enter amounts

  • March 3, 2021
  • 3 replies
  • 14 views

1041 - I'm confused how to enter amounts for Box 14:

Attachments:

first screen - correct amounts entered?

Next screen various - how fill out?

Next screen income category?? What to choose from drop down menu?

REIT $24 correct?

    3 replies

    Level 15
    March 3, 2021

    Do you have a question?

     

    It appears as if you entered the correct figures from your K-1 and the statement.

    Level 2
    March 3, 2021

    Try reading the question

    Level 15
    March 3, 2021

    I did read the question and reviewed the screenshots.

     

    Where, exactly, are you confused because it certainly appears as if you completed the screens correctly for Box 14 (with the B and I codes). 

     

    Select passive category for the B code (tax paid) if that is where you are having some difficulty.