Why is TurboTax giving me a QBI Deduction ($10) when I do not own a business and am not self employed?

[s-siemer]

I report income from W-2, 1099-DIV, 1099-INT, 1099-B,1099-R and SSA-1099.

In my federal deduction/credit summary, TurboTax Premier shows a $10 QBI deduction, even though I am not a business owner or self-employed, and did not have income reported on a form 1099-MISC.  Why would I be entitled to this deduction, and if I'm not, how do I get rid of it?

[Vanessa]

Do you have rental income?

[s-siemer]

No rental income. Upon further research, I think it is due to a REIT dividend in one of my investment portfolios. Wasn't clear to me in TurboTax when I searched on QBI deductions that I would be eligible for a deduction based on this.

[Coleen3 · Accepted solution]

 Eligible taxpayers may also be entitled to a deduction of up to 20 percent of their combined qualified real estate investment trust (REIT) dividends and qualified publicly traded partnership (PTP) income. This component of the section 199A deduction is not limited by W-2 wages or the UBIA of qualified property.

Individuals, trusts and estates with qualified business income, qualified REIT dividends or qualified PTP income may qualify for the deduction. In some cases, patrons of horticultural or agricultural cooperatives may be required to reduce their deduction.

[Teresa Jira]

I do and it stated I was receiving a $2600 QBI credit and I’m trying to figure out if I did something wrong or I am suppose to receive this just for having a rental property? 
any advice would be helpful.

[bjh2022]

Why do I have a credit for $159?

[GeorgeM777]

You are correct that the Qualified Business Income deduction allows owners of businesses to deduct up to 20 percent of their qualified business income.  However it also allows a deduction of 20 percent of qualified real estate investment trust (REIT) dividends, and qualified publicly traded partnership (PTP) income.  Have you received any dividends from REITs and PTPs?  If so, your QBI deduction is likely the result of this type of income.   

Regarding your $159 credit, we need some additional information from you about this credit.  Can you tell us to what it relates?  For example, is it an educational credit, a dependent credit, or is it the earned income tax credit?  

[bjh2022]

I do not know why TurboTax is giving me a deduction of $159.

[bjh2022]

?I am not aware of having any income that would qualify me for this deduction.

[VolvoGirl]

Did you enter any 1099Div or K-1 forms?   It can come from those.

[bjh2022]

I do not have any of these credits.

[bjh2022]

Yes i entered 1099-DIv forms.

[VolvoGirl]

What line is the 159 on?  Before filing,  You can preview the 1040 or print the whole return

https://ttlc.intuit.com/community/accessing/help/how-do-i-preview-my-turbotax-online-return-before-f...

[Introvert sometimes]

Very helpful, thanks. My qualification I realized is that I had invested in quite a few PTP/publicly traded partners, I.e. companies that pay dividends. Yay..another benefit of doing so!