I am getting a QBI Amount calculations showng $4 and a QBI Deduction showing $1. It is showing for business name n/a. I don't qualify for this and have no entry that would trigger this deduction. I don't know why it showing up. Please advise.
You'll need to sign in or create an account to connect with an expert.
Usually this occurs if you have a 1099-DIV with Box 5 amount. If this is the case and you do not want to claim the QBID, just delete the amount in Box 5 (it will not affect the rest of the return).
Usually this occurs if you have a 1099-DIV with Box 5 amount. If this is the case and you do not want to claim the QBID, just delete the amount in Box 5 (it will not affect the rest of the return).
I have the same issue. And annoying.
If you have entries in the dividend section that include "Section 199A" dividends, this will trigger a QBI deduction for your share of the deductible amount. Please double-check in this section and if you still have concerns or have errors around this section that you cannot resolve please return and let us know.
@supertech
Still have questions?
Questions are answered within a few hours on average.
Post a Question*Must create login to post
Ask questions and learn more about your taxes and finances.
lmosta
New Member
Balsamiq12
Level 1
Raph
Community Manager
in Events
Raph
Community Manager
in Events
snowy_al
New Member