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Level 2
December 7, 2019
Solved

Does 1065 K-1 LTD Partner(passive) K-1 Line 7 Royalites linked to sch E; On Sch E Box A fixed, nonpassive, qualifying for QBI? Proseries Professional, Is this correct?

  • December 7, 2019
  • 1 reply
  • 10 views

Form 1041, contains1065 K-1

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Best answer by PhoebeRoberts

Mineral royalties aren't QBI.

1 reply

PhoebeRoberts
Intuit Community Champion
December 7, 2019

Mineral royalties aren't QBI.