What is 199A? where did I get that Div?
Sign Up

Why sign in to the Community?

  • Submit a question
  • Check your notifications
or and start working on your taxes
Announcements
TurboTax has you covered during Covid. Get the latest second stimulus info here.
cancel
Showing results for 
Search instead for 
Did you mean: 
New Member

What is 199A? where did I get that Div?

Still I donot know what is 199A dividends
2 Replies
Employee Tax Expert

What is 199A? where did I get that Div?

Did you receive a 1099-DIV with an amount in Box 5?    Did you receive a QBI deduction on Line 10 of Form 1040?

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"
Anonymous
Not applicable

What is 199A? where did I get that Div?

it's a nonqualified dividend from a REIT. Real Estate Investment Trust shown on line 5 of 1099-DIV.  the amount is also included on line 1 of the 1099-div.  there is no requirement to report line 5 if the fee is more than the tax savings. 

Dynamic Ads
v
Privacy Settings