Can u explain QBI on form Tax History Report. it is much less that I donated to charity from my RMD as a qualified charity donation?

Can you confirm the QBI on the Tax History Form should be what I contributed to Charity from my RMD. Mine doesn’t match, is way too low. Help?

1036

Expert Alumni

Mar 23, 2025 11:41:33 AM

QBI is for Qualified Business Income, which wouldn't apply to your charitable donations. Your Charitable Donations are reported on Schedule A, if you itemize deductions.

Here's more info on Qualified Business Income (QBI) Deduction.

@ltanney

Why sign in to the Community?

Can u explain QBI on form Tax History Report. it is much less that I donated to charity from my RMD as a qualified charity donation?