Why do I get $1 QBI deduction ?

[manbeing]

I noticed I have $1 QBI income deduction on line 10 of 1040 form. I never used any QBI deduction.

On Form 8895, the trade, business name is blank, but line 6 (Qualified REIT dividends and publicly traded partnership (PTP) income or (loss)) has $3.

What could it be? I have no ideas. Please help.

[MinhT1]

The qualified REIT dividends and Publicly Traded Partnership income are Qualified Business income and make you eligible for the QBIU deduction which is 20% of QBI. @0% of $3 is $0.60, rounded to $1.

[manbeing]

But i don't have such an income. How can I delete it in TT?

[CatinaT1 · Accepted solution]

This is coming from something you invest in.  Did you receive a 1099-Div?  You may not realize what your funds are being invested in or that your investment qualifies for this deduction.

[manbeing]

I have deleted all my 1099-div, but the QBI deduction still exists. Please help!

[manbeing]

I deleted all 1099-div forms, and the $1 QBI deduction was gone on line 10 of 1040, but somehow, TT still generates a blank Form 8995 Qualified Business Income Deduction Simplified Computation. How can let TT stop generate this form?

[manbeing]

I think i have figured it out. I have $2.5 199A dividends, and it was rounded to $3.