I found some answers from 2020 but they do not seem to apply now. I am using TurboTax Premier for tax year 2024. The instructions for the from say that Box 14, Code IC is for Section 199A REIT dividends. That is what I need, but the form in your software hasLine 14 with a dropdown for A-M and ZZ, but no ICLine 14 I with lines for A and ZZ, again no IC option or place to enter itQuickzoom takes me farther down the same form, but I don't see "IC", "199A", or "REIT" there.I entered "IC REIT dividends" in the first line of 14 I ZZ and it accepted that and the number, but it does not seem to carry through to form 8995 or anything else I can find. How should I handle this REIT amount? --- Apologies if this is posted more than once. After the first time I was greeted by a login prompt, which made me thing that I had been logged out while typing. A search didn't find it. After 20 minutes I see it. ---

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VeloSteve

Question

2024 REIT information from K-1 Trust

Forum|Forum|1 year ago
March 24, 2025
1 reply
0 views

I found some answers from 2020 but they do not seem to apply now. I am using TurboTax Premier for tax year 2024.

The instructions for the from say that Box 14, Code IC is for Section 199A REIT dividends. That is what I need, but the form in your software has

Line 14 with a dropdown for A-M and ZZ, but no IC
Line 14 I with lines for A and ZZ, again no IC option or place to enter it
Quickzoom takes me farther down the same form, but I don't see "IC", "199A", or "REIT" there.

I entered "IC REIT dividends" in the first line of 14 I ZZ and it accepted that and the number, but it does not seem to carry through to form 8995 or anything else I can find.

How should I handle this REIT amount?

--- Apologies if this is posted more than once. After the first time I was greeted by a login prompt, which made me thing that I had been logged out while typing. A search didn't find it. After 20 minutes I see it. ---

DavidD66

There is no Box 14 code IC. Box 14 code I is for Section 199A information. It could be Box 14, code I, Stmt C, It could be typo. If there is no Statement C, I would ignore it and enter box 14 with code I, that's the proper way to enter.

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