in [Event] Ask the Experts: Investments: Stocks, Crypto, & More
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If you have any 1099-DIV, that could trigger it.
"The deduction is generally equal to the lesser of 20% of the taxpayer’s QBI plus 20% of the taxpayer’s qualified REIT dividends and qualified PTP income, or 20% of taxable income minus net capital gains. Deductions for taxpayers with taxable incomes above certain threshold amounts (which are adjusted annually for inflation) may be limited."
https://www.journalofaccountancy.com/news/2019/feb/sec-199a-qbi-deduction-form-201920659.html
If you have any 1099-DIV, that could trigger it.
"The deduction is generally equal to the lesser of 20% of the taxpayer’s QBI plus 20% of the taxpayer’s qualified REIT dividends and qualified PTP income, or 20% of taxable income minus net capital gains. Deductions for taxpayers with taxable incomes above certain threshold amounts (which are adjusted annually for inflation) may be limited."
https://www.journalofaccountancy.com/news/2019/feb/sec-199a-qbi-deduction-form-201920659.html
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