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I have no qualified business income. Why does Turbo Tax show a $68 qualified business income deduction on top of the standard deduction?.

 
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I have no qualified business income. Why does Turbo Tax show a $68 qualified business income deduction on top of the standard deduction?.

Did you get any 1099 DIV dividends with an amount in box 5?  Like about $340?  Then you should have a Qualified Business Income Deduction Summary .    You get  20% deduction.   $340 x .20 = $68.

I have no qualified business income. Why does Turbo Tax show a $68 qualified business income deduction on top of the standard deduction?.

Excellent, Volvo Girl! That answers the question fully. Thanks.

 

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