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Why does TurboTax show a small QBI amount in the Qualified Business Income Deduction Summary page when I have no income from PTPs and REITs?

 
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Why does TurboTax show a small QBI amount in the Qualified Business Income Deduction Summary page when I have no income from PTPs and REITs?

did you get a 1099-DIV with an amount in box 5?  that amount qualifies for the QBI. look for form 8995

how about rental real estate? 

 

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2 Replies

Why does TurboTax show a small QBI amount in the Qualified Business Income Deduction Summary page when I have no income from PTPs and REITs?

did you get a 1099-DIV with an amount in box 5?  that amount qualifies for the QBI. look for form 8995

how about rental real estate? 

 

Why does TurboTax show a small QBI amount in the Qualified Business Income Deduction Summary page when I have no income from PTPs and REITs?

Yes, I got a 1099-DIV with an amount in box 5.  Thanks for the explanation.  

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