I had REIT/PTP income recorded in Box 5 of my 1099-DIV for a common mutual fund holding. Some mutual funds, such as a Stock Index Fund, do have some percentage of holdings that generate this 199A income. You would probably have to call financial institution to get this information. Take a look at Community answer https://ttlc.intuit.com/community/taxes/discussion/i-clicked-on-199a-now-i-cant-get-it-off-my-taxes-... which led me to conclusion that I am eligible to claim QBI Deduction for 20% of this 199A mutual fund dividend income, and this does NOT require me to have a QBI business (actually I do, but that is besides the point). My QBI deduction for dividends is $1 but I do have other qualifying QBI. I would say just go with it if you're pressed to get your return filed, and if you're not sure, buy TurboTax Audit Defense and if IRS ever calls you out on this (and I imagine it would have to be a big deduction relative to your income) defer to TurboTax . Or if you don't trust TT-generated return then jump through the hoops to delete it. I suspect if you downloaded your 1099-DIV financial info, you are going to have to go into the Sch B or related form wks and delete the 199A amount shown in Box 5 so that TT does not automatically re-create form 8995A. I hate things like this discovered late in the game, that TT does automatically and does not provide sufficient explanation, but I hate even more things TT doesn't do that absolutely it should check (e.g. it doesn't check royalty depletion as percentage of income figured without depletion). My answer is based on what I have concluded from about half-hour of research.
