My 1040 line 9 shows a qualified business income deduction of $68 that I did not enter. Where did this come from?

[VolvoGirl]

Check any 1099Div you got for box 5 Section 199A Dividends.  Those count.

[KrisD · Accepted solution]

For the purposes of the deduction, QBI is defined as net business income, excluding:

• Income generated outside the United States
• Investment income
• W-2 compensation paid to an S corporation owner
• Guaranteed payments to a partner
• Income from REITs, publicly traded partnerships, and qualified cooperatives (these entities may qualify for a 20% deduction under a different set of rules, the explanation of which is beyond the scope of this FAQ).

This could be reported on a 1099-DIV

[VolvoGirl]

It could come from a K-1 too.