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Rhs Form 1924 19

Rhs Form 1924 19

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Instructions and help about Rhs Form 1924 19

okay for this video I want to talk about the IRS form 1099 div for dividends and distributions but specifically we want to focus on the box 5 amount for Section 199a dividend distributions so in this sample div here we have a distribution from a Reit or a real estate investment trust and so we're going to look at how section 199a the qbi deduction applies to these kind of dividend distributions so I've got the sample 1099 here I do have the tax return for our taxpayers or John Q taxpayer we'll look at this form 1040 and his 89.95 to report the qbi amount and then I do have one slide here covering some of this General background information on the qbi deduction and and then the fact pattern itself so the 1099 div obviously covers a lot of different elements there's a lot of different things that can be reported did on the 1099 div and one such item are section 199a dividends so what are the section 199a dividends or the qbi deduction so under section 199

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