Question

Qualified 199A REIT dividend from 1041 Sch K-1

Forum|Forum|6 years ago
February 21, 2020
2 replies
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I received a 1041 Sch K-1 with an entry in Box 14I containing an $amount of qualified 199A REIT dividend.

I filled in the 1041 K-1 worksheet including the $amount of the 199A REIT dividend on my individual joint tax return. I quick zoomed to Section D1and entered the $amount on the last line. That $amount then transferred to the bottom of Section D2, lines 14I (1), Tentative REIT Dividends and 14I (3), Net REIT Dividends. Should that $amount be automatically transferred to Form 8995 line 6 and the first line of the box above titled "Qualified REIT 199A Dividend and PTP Income Smart Worksheet, OR 8995-A Part IV, line 28? I've downloaded all the available TurboTax updates from Intuit as of this morning but the $amount isn't showing on either form.

By the way, I also received a 1099-DIV containing a 199A REIT dividend on line 5 and it did transfer to either of those 2 forms. Am I missing something?

A

Anonymous_

Employee

@sonofanokie wrote:
By the way, I also received a 1099-DIV containing a 199A REIT dividend on line 5 and it did transfer to either of those 2 forms. Am I missing something?

I believe the issue is with the programming of the software (linking the schedule and the form). The developers will have to fix the issue.

A

andydalg1979

I'm having the same problem. 199A amounts transfer correctly from a 1099-DIV box 5, but are not transferring to the 8895 from a 1041 K-1 box 14 "I". Any idea when this might be fixed?