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Level 1
December 7, 2019
Solved

How does a Trust claim a QBI deduction for an activity owned and conducted by the Trust?

  • December 7, 2019
  • 1 reply
  • 6 views

The Lacerte Fiduciary module does not seem to have the capability to indicate an activity as Qualified Business Income to claim the deduction at the Trust level, or pass-through to beneficiaries.   This is for an activity conducted by the Trust, not a pass-through.   

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Best answer by mojocpa

It looks like it is under development, at least that is what the info diag says. 

1 reply

mojocpaAnswer
Level 6
December 7, 2019

It looks like it is under development, at least that is what the info diag says.