JulieS
Expert Alumni

Business & farm

In addition to owning a business, the are other reasons you may get a Qualified Business Income deduction. Here are some of the investment items that trigger the QBI:

  • Form 1099-DIV with an amount in box 5.
  • Schedule K-1, box 20, code Z.
  • Some rental and royalty activities.
**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"