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We do not have any REIT dividends, yet Turbo Tax is showing $1250, and gives us a $250 Qualified Business Income Deduction!! Can we just delete this from our return?
Line 9 shows a Qualified Business Income Deduction of $250, yet we have no business, nor any REIT dividends. Turbo Tax shows we have $1,250 of REIT dividends! Where does this come from? Can we just delete the $250 deduction that this generated on Line 9 of our 1040?
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‎June 3, 2019
4:27 PM