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April 14, 2024
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My federal return is showing $16 as Qualified Business Income. I do not engage in any business activities Why is it showing in my return & how can I remove it?

  • April 14, 2024
  • 1 reply
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Best answer by Mike9241

did you get 199A dividends reported in box 5 of 1099-Div. that's QBI and you get a 20% deduction 

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Mike9241Answer
April 14, 2024

did you get 199A dividends reported in box 5 of 1099-Div. that's QBI and you get a 20% deduction