VictoriaD75
Expert Alumni

Get your taxes done using TurboTax

It is possible you are receiving dividends from a REIT (Real Estate Investment Trust), which qualifies for a Section 199A deduction. This does not mean you had Qualified Business Income (QBI), but you could qualify for the deduction. REIT dividends are reported on a Schedule K-1 or in box 5 of the 1099-DIV. The import from your mutual funds may have reported these transactions. 

 

If you have several QBI Components (from Sched C or E) and are having trouble with the program bringing up unwanted schedules for Form 8995-A, try deleting the QBI Component Worksheet.  The program will generate new Component Worksheets for EACH component.  All schedules related to Form 8995-A will go away.

  1. Under Tax Tools, choose Tools
  2. Choose Delete a Form
  3. Scroll through your return until you find QBI worksheets, click Delete to the right of the form
  4. Confirm that you wish to delete the form
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