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January 31, 2025
Question

Why is there a qualified business income deduction of $1? I am a teacher. I do not own a business.

  • January 31, 2025
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    1 reply

    rjs
    Employee
    January 31, 2025

    Do you have Section 199A dividends in box 5 of a Form 1099-DIV? Those dividends are eligible for the qualified business income deduction.