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Business & farm
form 8895 is needed to calculate the QBI deduction (1040 line 13) which can be 20% of REIT/199A dividends reported on line 5 of form 1099-DIV.
you do not have to take the deduction. to eliminate it you would need to delete line 5 on each 1099-Div you have.
‎April 14, 2022
1:32 AM