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Deductions & credits
Wow, spot on! Thank you, JulieS!
I checked Box 5 of my 1099-DIV and the number matches the value on line 9 of the QBI Deduction Summary form. Apparently, a mutual fund I own has shares of has some domestic REITs in its portfolio.
Knowing what was going on, I checked form 8995 where REIT dividends are entered on line 6 and in a Smart Worksheet. Again, neither makes any reference to Box 5 of the 1099-DIV. I would have remained unaware of Section 199A dividends and how they impact the QBI deduction w/o your help. Again, THANKS!
‎April 11, 2022
6:59 PM