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I received a 1099-misc for oil refinery royalties that inherited from my parents. TurboTax online is asking for the location and if it’s a QBI.
The only location I have is on the 1099-MISC. I’m not sure about the nature of the actual property just that I get royalties from oil stuff split with my siblings. Turbotax online is asking if it’s QBI and that’s confusing. Any help or advice is appreciated. Thank you.
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April 4, 2023
12:46 PM