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One possibility is per the
definition below from Congress of what is included in the Qualified Business
Income deduction calculation, 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.
One possibility is per the
definition below from Congress of what is included in the Qualified Business
Income deduction calculation, 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.
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