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It depends on how it was reported. It is either from a 1099 DIV or a K-1 entry. Most people seeing REIT income have a mutual fund or ETF that holds real estate. Look at your 1099-DIV forms (especially from brokerages like Vanguard, Fidelity, or Schwab). Check Box 5 (Section 199A dividends).
Any amount in Box 5 is technically "Qualified REIT Dividends." TurboTax pulls this number to calculate your Qualified Business Income (QBI) Deduction (Form 8995). Even if you don't "own a REIT" directly, your mutual fund might, and it's reporting your share of that income here.
If you imported data from a brokerage or entered a K-1 manually, it may have included PTP (Publicly Traded Partnership) income. Check your list of forms for anything starting with "K-1." PTP income is often reported in Box 20, Code AD or Box 14 of a Partnership K-1.
If you find activity in either of these two places, the $944 is a Qualified Business Deduction you are entitled to claim.
You are correct! Buried in my 1099-DIV was Blank 5, Section 199A dividends of that amount. Well done, and thanks!
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