Yes. If the dividends are reported in box 5 of a 1099-DIV, then they are Section 199A dividends. These dividends are from REITs, which are Real Estate Investment Trusts. Section 199A dividends may qualify for a QBI (Qualified Business Income) deduction. REIT dividends are reported on a Schedule K-1 or in box 5 of a 1099-DIV.
What is the Qualified Business Income (QBI) deduction?
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