Does a nonzero amount for Box 5 'Section 199A dividends' on a 1099-DIV by itself suffice to generate a QBI Income Deduction?
Turbo Tax indicated I have a QBI Income Deduction for 2019. But my reading of IRS's QBI directions suggests I may not be eligible for this deduction.
I am retired and do not operate any kind of business. The QBI deduction was triggered by a nonzero amount on one of my 1099-DIV forms, box 5 'Section 199A dividends'.
Enter your E-mail address. We'll send you an e-mail with instructions to reset your password.
©1997-2022 Intuit, Inc. All rights reserved.
Intuit,
QuickBooks, QB, TurboTax, ProConnect, and Mint are registered
trademarks
of Intuit Inc. Terms and conditions, features, support, pricing,
and service options
subject to change without notice.
Security
Certification of the TurboTax Online application has been
performed by
C-Level Security.
By accessing and using this page you
agree to the
Terms of Use.
Accessibility
