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jclf
Level 1

Why is there a QBI deduction if there was no QBI?

I think there's a bug in TurboTax since I deleted all of the QBI, but I'm still seeing a deduction
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1 Best answer

Accepted Solutions
rjs
Level 15
Level 15
Intuit Approved! This answer has been verified for accuracy by an Intuit expert employee

Why is there a QBI deduction if there was no QBI?

Do you have section 199A dividends in box 5 of a 1099-DIV? That is QBI.

 

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2 Replies
rjs
Level 15
Level 15
Intuit Approved! This answer has been verified for accuracy by an Intuit expert employee

Why is there a QBI deduction if there was no QBI?

Do you have section 199A dividends in box 5 of a 1099-DIV? That is QBI.

 

jclf
Level 1

Why is there a QBI deduction if there was no QBI?

Yes, after continuing to follow various "help" explanations, I finally found the reference to the 199A dividends, after I had posted the question, and figured out that was the source.

 

It would have saved a lot of time if the 199A info was shown in the basic definition.

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