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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!
March 17, 2022
2:11 PM