QBI

0ldman · ‎February 27, 2020

I have no business but get a QBI deduction. Have done the return twice and can't figure out where the error is.

MinhT1 · ‎February 27, 2020

You do not necessarily have to have a business to get the QBI deduction.

If you have reported a form 1099-DIV with box 5 filled (Section 199a dividends), you are eligible for the QBI deduction.

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0ldman · ‎February 28, 2020

Thanks so much! Was afraid to submit return with what I thought was an obvious error. I genuinely appreciate you help.

jabjar · ‎March 23, 2020

THANK YOU!!! Saved me lots of time researching this. First time it showed up on my return. It's exactly what happened.

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