The Qualified Business Income Deduction (QBID) will be generated by the entry of the 1099-Div Section 199A dividend and cannot be overridden.
If you delete form 8995, the form 8995 goes away and then is immediately re-generated because the 1099-Div Section 199A dividend income is still there.
Only by excluding the income, can the Qualified Business Income Deduction be removed.
The Qualified Business Income Deduction can be generated from one of two components.
- The QBI component can result from a sole proprietorship, partnership, S corporation, trust or estate. The first component would likely be reported on Schedule C, Schedule E, Schedule F or a K-1.
- The REIT / PTP component can be generated from qualified real estate investment trust (REIT) dividends or qualified publicly traded partnership (PTP) income. The second component could be reported on 1099-DIV or a K-1.
See this TurboTax Help.
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