qualified business income (QBI) deduction

Wrapped up deductions and credit. A qualified business income (QBI) deduction showed up. I don't have a business. Any idea where that would come from?

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qualified business income (QBI) deduction

You probably had a 1099-DIV with an amount in box 5. That amount is subject to the QBI.

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qualified business income (QBI) deduction

It depends. To clarify, did you have K-1 income or rental property?

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qualified business income (QBI) deduction

You probably had a 1099-DIV with an amount in box 5. That amount is subject to the QBI.

qualified business income (QBI) deduction

That's it! Thanks.

qualified business income (QBI) deduction

No K1

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