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New Member
posted Jul 10, 2020 8:07:40 PM

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

Still I donot know what is 199A dividends

0 2 704
2 Replies
Expert Alumni
Jul 11, 2020 2:41:41 PM

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

Not applicable
Jul 11, 2020 4:43:26 PM

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.