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.
Just noticed the same thing. The 199A dividends from a Trust return are not functioning through the program. I'm going to set up a separate line item on Schedule B and enter the 199A dividends on the supplemental worksheet and see if that works.
Here's the fix...you in addition to entering the Sec 199a dividend amount, you have to enter the same as Ordinary Business Income in the worksheet below. Then, I believe the QBI deduction functions.
Followed those instructions regarding entering Sec 199a dividends but it's now asking for an EIN # after I include the dividends as ordinary income
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