joe
Level 1
12-07-2019
01:26 AM
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Best Answer Click here
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Ernie
Level 9
12-07-2019
01:26 AM
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Why would you not want to report it to the partners? I believe the decision if they qualify belongs to the partner not the partnership.
sjrcpa
Level 15
12-07-2019
01:26 AM
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The Partnership determines if it has QBI. if it does, it reports the info to the partners.
The more I know the more I don’t know.
The more I know the more I don’t know.
Ernie
Level 9
12-07-2019
01:26 AM
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Very good point. I guess I was doing what I shouldn't assume that the decision was that the partnership qualified and they were looking to not feed it to all the partners. Thanks for clarifying that!