If you are sure, you didn't get any $$ from a PTP, on a form K-1..
Then you need to go back to the Interest and dividends section and Edit every 1099-DIV you find there to see what's in each one.
Or...last resort....
1) delete every 1099-DIV you find there...
2) Then check to see if anything remains on the Form 8995 on lines 6 or 8.
3) Then re-enter every 1099-DIV again Manually, don't import, don't upload picture or PDF file. Just enter every one manually using each paper copy of a 1099-DIV you have in your possession.
Did you receive Schedule K1?
Income from a partnership, S corporation, or trust reported on Schedule K-1 are generally eligible for the QBI deduction.
No, none of those. I’ve spelunked everything like that. The absolute only thing that seems relevant are the elements of the $5 under the 1099-DIV in box 5.
To clarify, no business income, and no carry-over from 2023?
Right. I wouldn’t have come on here with the issue if I had identified any of those—I did my research and looked at everything possibly relevant. There is no other basis for it besides that $5 on the 1099-DIV.
Andrea
Did you actually edit that 1099-DIV to make sure only $5 was in that box?
Occasionally the decimal point is missed, or a comma entered by mistake, resulting in the box showing $500 or $5000 instead...AFTER you left that page the first time you entered it.
{sigh} YES YES YES. I checked EVERYTHING. It states
See if you can print out the Form 8995.
The details of what went into it all, to give you that $93 should be on that form.
You’re right. It is on that form. But I don’t see how it gets there. The form reports (line 28) “Qualified REIT dividends and publicly traded partnership (PTP) income of $465. I can’t see anything that shows that and clicking on the amount doesn’t take me anywhere.
If you are sure, you didn't get any $$ from a PTP, on a form K-1..
Then you need to go back to the Interest and dividends section and Edit every 1099-DIV you find there to see what's in each one.
Or...last resort....
1) delete every 1099-DIV you find there...
2) Then check to see if anything remains on the Form 8995 on lines 6 or 8.
3) Then re-enter every 1099-DIV again Manually, don't import, don't upload picture or PDF file. Just enter every one manually using each paper copy of a 1099-DIV you have in your possession.
OK. I found the basis for the $465 amount in the computation. Comes from Section 199A dividends, combining both mine and my husband’s VG 1099-DIVs. So the $93 deduction now makes sense.
THANK YOU for sending me to scrutinize the DIV reports. The $5.63 was the 199A dividends only on my husband’s DIV, all the rest of the $465 were on my DIV, which I hadn’t considered, since it had appeared the system was still considering that he was a consultant as he had been last year. So my oversight in having those blinders on. Thanks again.