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- Sec 199A FEIN# questions on Form 1040 when a trust has REIT Income
Sec 199A FEIN# questions on Form 1040 when a trust has REIT Income
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Mike12321
Level 4
04-14-2023
07:33 PM
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Client has income from a trust that is getting investment income from a REIT. The code is triggering that there is a qualified business for sec 199A. Sec D2 asks for the business name and ID #.
I don't know that info because Sch K-1 only provides the income info. I put in that it was REIT investment income, and used the Trust's FEIN.
Will that work, or should I remove the code I from ln 14 on the Trust K-1 input form on the 1040?
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