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I have Code I in box 14 of a Trust K-1. Error message says no section 199A income has been entered on Statement A. Any suggestions? Thank you.

pg47
Level 3
 
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Just-Lisa-Now-
Level 15
Level 15

See the button right below Line 14 that says 199A info?  Did you click that and enter the Sch A info?


♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪

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Just-Lisa-Now-
Level 15
Level 15

See the button right below Line 14 that says 199A info?  Did you click that and enter the Sch A info?


♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪

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pg47
Level 3

Entering the I turned red right away. I went to the box below to enter the info and it just said I needed some income in Statement A. All I have is a negative number, so no income to put there. Does that make sense?

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pg47
Level 3

Just needed some more entries on Statement A. All figured out. Thank you.

 

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taxguyak
Level 3

I have the same problem.  I entered REIT dividends on line L2  of the 199A info and I still get the "Box 14 code I has been selected  but no section 199A income has been entered on Statement A" diagnostic.

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RollTide68
Level 8

If they did not provide you with the Statement associated with the Sect 199A income you will need to contact the return preparer for it.

pg47
Level 3

Thank you.

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pg47
Level 3

Got all the entries in and it worked out. Thank you for your help.