Trust (1041) K1 does not include 199A dividends (from REIT held by Trust)

[pleasepaytheman]

OK, "being worked on" is acceptable at this time. It's now the gating item for me being able to file my return.

Any time frame known? Could I be added to the notification list for when TT can handle this?

Umm... Unless that check box means I'll see any reply to this thread. That would work for me.

[DavidS127]

When I started a Form 1041 trust return in TurboTax Business on 3/13/2020, the Section 199A dividends I reported from a Form 1099-DIV "flowed" to the K-1 (Line 14 reported an "I" code and "STMT"), the Statement A, and the 199A Statement A Summary.

Check for updates to your TurboTax Business (menu at top, Online>>Check for Updates) and your issue with Form 1041 Section 199A dividends should now report properly on Statement A of the K-1.

@Pepeprwn

@kl51

@pleasepaytheman

[DavidS127]

When I started a Form 1041 trust return in TurboTax Business on 3/13/2020, the Section 199A dividends I reported from a Form 1099-DIV "flowed" to the K-1 (Line 14 reported an "I" code and "STMT"), the Statement A, and the 199A Statement A Summary.

Check for updates to your TurboTax Business (menu at top, Online>>Check for Updates) and your issue with Form 1041 Section 199A dividends should now report properly on Statement A of the K-1.

The issue for TurboTax Online and Download/CD users with REIT dividends for a recipient of a trust Form 1041 K-1 has also been resolved by recent updates.

@Pepeprwn

@RRArtie

@rvhageman

[RRArtie]

Just went into TT Business and ran through the entries to make sure it recalculated and the K1 line 14 does have a statement and the statement has the 199A dividend. Great! Thank you to all for the fix. Now to finalize the 1041 and  enter the K-1 numbers on my 1040.