Yes, I received a 1099-DIV with an amount in Box 5. But the amount that is reported on Form 8995 Line 15 is for a qualified business income deduction. In the note section on Form 8995 it states that " You can claim the qualified business income deduction only if you have qualified business income from a qualified trade or
business, real estate investment trust dividends, publicly traded partnership income, or a domestic production activities deduction passed through from an agricultural or horticultural cooperative. " None of these are applicable to me.
Further, box 1 wants Trade, business, or aggregation name , Taxpayer identification number, and Qualified business income or (loss).
I'm sorry I'm not understanding how I can claim a qualified business deduction when I do not qualify as any any type of organization as specified in the first paragraph.
