HoffyCPA
Level 1
02-18-2020
02:56 PM
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Individual received a K-1 from a trust with a code 14 I (Sec 199A dividends) amount. The trust only has investment income and is not a qualified trade or business. The 199A dividends are not being included in the QBI deduction calculation. Is it necessary to show the trust as a qualified trade or business? I cannot get the QBI deduction correct no matter how I input the information.
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