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Level 1
December 7, 2019
Solved

Pass through entities with rental income are not included in the QBI. Why not?

Pass through entities report on Line 2 the "net rental income".  Since these are pass-through entities it would seem that these are includible in QBI.

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Accountant-Man
Level 13
December 7, 2019

Are lines 17 or 20 completed?

** I am "Elevating with Intention!"

1 reply

Accountant-Man
Level 13
December 7, 2019

Are lines 17 or 20 completed?

** I am "Elevating with Intention!"