peonycat
Returning Member

Why is TurboTax calculating QBI deduction?

Hello,

I only have income from W-2, 1099-INT, 1099-DIV & 1099-B for 2021. However, TurboTax is calculating QBI deduction for me, which does not seem right. I found that the QBI amount is showing the gain I got from some treasury notes with code D on the 1099-B. Not sure why it is giving me a QBI deduction on those income. 

Could you please let me know how I can remove those?

Thank you!