Skip to main content
Level 1
June 21, 2020

QBI on Schedule E in Form 1041

  • June 21, 2020
  • 1 reply
  • 0 views

my client has a commercial rental and O&G royalty income, both reported on separate columns of Schedule E.  The entry to exclude rental from QBI seems to be working, but I cant find where to prevent the royalty from being considered QBI.  Is there somewhere to make an entry to handle this?

    This topic has been closed for replies.

    1 reply

    George4Tacks
    Level 15
    June 22, 2020

    Probably. Which software are you using?

     

    Answers are easy. Questions are hard!