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May 14, 2025
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1041 K-1 Box 14

  • May 14, 2025
  • 1 reply
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I'm curious.  Does Box 14 1041, with letter E include rental real estate income?  How would I calculate this number on my own?

Where would I find box 14 letter I on my 1041?  How would I calculate this number on my own?

 

Box 14 letter F would be active income for farming and on line 6 of the 1041 and k-1?

 

Thank you!!

    Best answer by Mike9241

    if that's a 2024 k-1 there seems to be a mismatch between the 1041 k-1 instructions and the k-1 on the k-1 line 14 E is the total of investment income on other lines like interest and dividends. it would not include 14F gross income from farming.  This only flows to line 42 of schedule E

     

    line 42 is for estimated tax penalty purposes

     

     

     

    1 reply

    Mike9241Answer
    May 14, 2025

    if that's a 2024 k-1 there seems to be a mismatch between the 1041 k-1 instructions and the k-1 on the k-1 line 14 E is the total of investment income on other lines like interest and dividends. it would not include 14F gross income from farming.  This only flows to line 42 of schedule E

     

    line 42 is for estimated tax penalty purposes

     

     

     

    May 15, 2025

    Thank you.   I am not asking where I out the info.  This is from several years on the 1041 k-1 I receive.  

    I’m attempting to match the entries to the 1041 and where the numbers came from for each letter.