ThomasM125
Expert Alumni

Deductions & credits

The company you have an ownership interest in that issued you the 1099-DIV has QBI income, so that means you have the same, since you are an owner.

 

You can leave the box 5 entry off of your 1099-DIV entry if you want, but it may increase your tax.

 

A simple way to delete forms in TurboTax online is to use the Tax Tools menu option, which is on your left menu bar when you are working in your program. Then, choose Tools and then Delete a form.

 

If you are working in the download TurboTax program, use the Forms Mode on your menu bar to bring up the form you want to delete, then choose the Delete Form option at the bottom of the form.

 

 

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