JulieS
Expert Alumni

Business & farm

I tested this and a short term gain or loss did not trigger Form 8995 for me. There are other types of income that can trigger a QBI deduction:

 

In addition to a traditional business, QBI is also:

  • Qualified REIT dividends.
  • Qualified PTP income or loss.
  • Income from K-1 forms.
  • Rental income, if certain requirements are met.
  • Royalties
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