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L
ltanney
March 16, 2025
Question

Can u explain QBI on form Tax History Report. it is much less that I donated to charity from my RMD as a qualified charity donation?

  • March 16, 2025
  • 1 reply
  • 0 views
Can you confirm the QBI on the Tax History Form should be what I contributed to Charity from my RMD. Mine doesn’t match, is way too low. Help?

1 reply

M
mglauner
March 23, 2025

QBI is for Qualified Business Income, which wouldn't apply to your charitable donations.  Your Charitable Donations are reported on Schedule A, if you itemize deductions. 

 

Here's more info on Qualified Business Income (QBI) Deduction.

 

@ltanney 

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