Couple ideas. First, delete the either the 1099Divs or the K1s with the REIT information then go Review a summary of your return to see if the QBI deduction is gone from your return.
You can review your 1040 in the following steps:
- While in your TurboTax account, select Tax Tools in the left margin
- Select Tools
- Select View a Tax Summary
- In the left margin, select Preview my 1040
- To return, click the Back link in the left margin
Re-enter the 1099Divs manually, if you imported, try entering the amounts manually this time.
After you have logged in and are in your return:
- Go to Search at the top of the screen.
- then enter Form 1099-DIV in the search box.
- You will see a Jump To function that will take you to the 1099-DIV input screens.
- There add the 1099-DIV
At the financial services screens, click "Change how I enter my form" then "Type it myself"
After you enter the 199A information, go back and review the return. This will at least identify where the problem is coming from as you input the information.
If you have any rental real estate, review the input screens there also as you can claim QBI from rental real estate net profits also.
The pandemic has affected your taxes in many ways. Including reporting in TurboTax the amount of stimulus money you received. Click Here for more information on how the Pandemic affected your 2020 taxes.
