yastrabm
Level 2
04-09-2019
03:06 PM
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does royalty income from intangibles (licenses nyc tax medallions) qualify for QBI
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itonewbie
Level 15
04-09-2019
06:11 PM
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It would appear that royalty from the licensing of taxi mdeallions is passive portfolio income from investment that is not a qualified trade or business and, therefore, not eligible for §199A.
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yastrabm
Level 2
04-09-2019
06:18 PM
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that's what I thought but wasn't 100% sure. Thanks for your inout, I feel better now.
