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Get your taxes done using TurboTax
Thanks. I dont know how I would know that but maybe I inadvertently selected that option. In your opinion, what should I select to properly characterize the amount listed in box 5 of the 1099 Div. The 1099 Div was provided by my mutual fund and they don't provide much information other than what they put in the different boxes as well as the INSTRUCTIONS WHICH STATES "Box 5. Shows the portion of the amount in box 1A that may be eligible for the 20 percent qualified business income deduction under section 199A." I plan to calculate based on the 20 percent amount listed in the instruction. I appreciate your help.
‎February 19, 2025
10:07 AM