MGNH
Level 2

Deductions & credits

JamesG1, yes. In 2018, I had no Form 8995. Therefore, if I did 2020 correctly with the QBI, then I completely blew it in 2018.

 

In 2019, there was a Form 8995. In comparison to 2020:
- Lines 1a, 1b, 1c, 4, and 5 are blank
- The REIT dividend section is fine (lines 6-10)
- The income/cap. gains section looks fine (lines 11-14)
- And not surprisingly, line 15 totals all of $5.

 

Therefore if I did 2020 right (correctly entered my sole proprietor/self-employed-ness), I obviously did something quite different in 2019. 2020 was the first time I can ever remember being asked questions about qualified business income; I was startled.

 

If I were to file amended 2018/2019 returns, I have no idea what I would change.