itonewbie
Level 15
12-07-2019
07:09 AM
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You may like to double check why it's not included in the QBI because there is no exclusion for §754 adjustment under §199A AFAIK. The footnote may be referring to UBIA because the operative section is §743 instead of §754. Either way, no separate adjustment would normally be required on the individual return.
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Still an AllStar
Still an AllStar