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Level 3
December 7, 2019
Solved

How do you undo the QBI election? When I went to the Schedule E another form came up asking if it was qualified and I clicked the yes box, but it's not. Can't change it

  • December 7, 2019
  • 1 reply
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I clicked a box stating an activity was qualified for QBI. It turns out it's not, and for the life of me can't find a way to un-check the box or where that option is.

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Best answer by IRonMaN

What form came up that you checked?  All of the QBI stuff is at the bottom of the applicable form and there is a "yes" or "no" question regarding QBI.

1 reply

IRonMaN
IRonMaNAnswer
Level 15
December 7, 2019

What form came up that you checked?  All of the QBI stuff is at the bottom of the applicable form and there is a "yes" or "no" question regarding QBI.

Slava Ukraini!