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dustin-bluck
Returning Member

TurboTax keeps saying I'm eligible for Qualified Business Income Deduction. Specifically, it says I have "income from PTPs and REITs". I don't have a business. Help?

I only have W2 and bank interest income. I'm not sure where it's getting this value or what I need to change.
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1 Reply
GiseleD
Expert Alumni

TurboTax keeps saying I'm eligible for Qualified Business Income Deduction. Specifically, it says I have "income from PTPs and REITs". I don't have a business. Help?

Something may have been accidentally entered that is triggering this deduction. The easiest way to diagnose this is to look at the forms. Here's how:

  • In the left-hand menu bar, click on Tax Tools, then click Tools.
  • Under Other helpful links, click View Tax Summary.
  • Your Tax Summary will be displayed. In the left-hand menu bar, you will see a new option: Preview My 1040. Click it, and this will allow you to see the forms. 
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