The Qualified Business Income Deduction can result from a sole proprietorship, partnership, S corporation, 1099-DIV, trust or estate.
- The first component would likely be reported on Schedule C, Schedule E, Schedule F or a K-1.
- The second component could be reported on 1099-DIV 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.
If you can identify the source of the QBI from IRS Form 8995 or 8995-A, you can delete the income and re-enter or run through the TurboTax questions to make sure that the correct income entry has been made.
See this TurboTax Help.
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