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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1 Best answer

Level 15

Mar 17, 2022 11:40:37 PM

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?

Level 15

Mar 17, 2022 11:40:37 PM

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?

Level 3

Mar 18, 2022 1:59:14 PM

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