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Get your taxes done using TurboTax
@J_J_B wrote:
Where does the Form 8995(a) pick-up REIT Dividends? I didn't enter any, but they "show up" on Line 28 - this is then generating a QBI deduction which I don't think is correct. Any ideas?
This deduction, created by the 2017 Tax Cuts and Jobs Act, allows non-corporate taxpayers to deduct up to 20 percent of their QBI, plus 20% of qualified real estate investment trust (REIT) dividends and qualified publicly traded partnership (PTP) income.
‎September 24, 2020
8:45 AM