Why do I show a QBI deduction but have no business income? I am totally retired. No 1099-MISC.

[ewhacker]

My income consists of only SSA, 1099-R, IRA distributions, Div, Int, Cap Gains.  Can't understand why I have a QBI deduction.

[JulieCo · Accepted solution]

One possibility as to why the deduction is reflected on your return is if you received a 1099 DIV with an amount in Box 5, the dividends from a REIT can be included in the calculation. 

Per the IRS recently released Notice 2019-07, the following is a definition of the income included in the QBI deduction calculation: 

Congress enacted section 199A (the Qualified Business Income Deduction) to provide a deduction to non-corporate taxpayers of up to 20 percent of the taxpayer’s qualified business income from each of the taxpayer’s qualified trades or businesses, including those operated through a partnership, S corporation, or sole proprietorship, as well as a deduction of up to 20 percent of aggregate real estate investment trust (REIT) dividends and qualified publicly traded partnership income.

[dondant]

so what do I do leave it or remove it 

[DianeC958]

Leave it on your return you may have the QBI deduction if you received dividends in box 5 of your tax document from your broker.

If you are invested in a REIT that also counts as income for the QBI Deduction.