Why is Turbo Tax giving me the Qualified Business Income deduction when I am retired & my only income is SS, IRA withdrawals, & oil & mineral royalties?

peggy-biggs · Jun 1, 2019 1:17:57 PM

<P>I am retired and have no business. My onlly income is SS, IRA withdrawals, & oil & gas royalties. </P>

I am retired and have no business. My onlly income is SS, IRA withdrawals, & oil & gas royalties.

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Why is Turbo Tax giving me the Qualified Business Income deduction when I am retired & my only income is SS, IRA withdrawals, & oil & mineral royalties?

It would be because of the oil and gas royalties. They qualify for the QBI deduction.

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Why is Turbo Tax giving me the Qualified Business Income deduction when I am retired & my only income is SS, IRA withdrawals, & oil & mineral royalties?

It would be because of the oil and gas royalties. They qualify for the QBI deduction.

Why is Turbo Tax giving me the Qualified Business Income deduction when I am retired & my only income is SS, IRA withdrawals, & oil & mineral royalties?

Yes, thanks so much!

Why is Turbo Tax giving me the Qualified Business Income deduction when I am retired & my only income is SS, IRA withdrawals, & oil & mineral royalties?

You're welcome. Thanks for using TurboTax!!

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Why is Turbo Tax giving me the Qualified Business Income deduction when I am retired & my only income is SS, IRA withdrawals, & oil & mineral royalties?

Why is Turbo Tax giving me the Qualified Business Income deduction when I am retired & my only income is SS, IRA withdrawals, & oil & mineral royalties?

Why is Turbo Tax giving me the Qualified Business Income deduction when I am retired & my only income is SS, IRA withdrawals, & oil & mineral royalties?

Why is Turbo Tax giving me the Qualified Business Income deduction when I am retired & my only income is SS, IRA withdrawals, & oil & mineral royalties?

Why is Turbo Tax giving me the Qualified Business Income deduction when I am retired & my only income is SS, IRA withdrawals, & oil & mineral royalties?

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Why is Turbo Tax giving me the Qualified Business Income deduction when I am retired &amp; my only income is SS, IRA withdrawals, &amp; oil &amp; mineral royalties?

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Why is Turbo Tax giving me the Qualified Business Income deduction when I am retired &amp; my only income is SS, IRA withdrawals, &amp; oil &amp; mineral royalties?

Why is Turbo Tax giving me the Qualified Business Income deduction when I am retired &amp; my only income is SS, IRA withdrawals, &amp; oil &amp; mineral royalties?

Why is Turbo Tax giving me the Qualified Business Income deduction when I am retired &amp; my only income is SS, IRA withdrawals, &amp; oil &amp; mineral royalties?

Why is Turbo Tax giving me the Qualified Business Income deduction when I am retired &amp; my only income is SS, IRA withdrawals, &amp; oil &amp; mineral royalties?

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Why is Turbo Tax giving me the Qualified Business Income deduction when I am retired & my only income is SS, IRA withdrawals, & oil & mineral royalties?

Why is Turbo Tax giving me the Qualified Business Income deduction when I am retired & my only income is SS, IRA withdrawals, & oil & mineral royalties?

Why is Turbo Tax giving me the Qualified Business Income deduction when I am retired & my only income is SS, IRA withdrawals, & oil & mineral royalties?

Why is Turbo Tax giving me the Qualified Business Income deduction when I am retired & my only income is SS, IRA withdrawals, & oil & mineral royalties?

Why is Turbo Tax giving me the Qualified Business Income deduction when I am retired & my only income is SS, IRA withdrawals, & oil & mineral royalties?