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Level 1
December 7, 2019
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Why is the QBI for aggregated businesses less than the sum of each businesses QBI for high income taxpayer?

  • December 7, 2019
  • 2 replies
  • 9 views
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Best answer by itonewbie

Did you account for expenses allocable to QBI?  If you follow the money, what are the discrepancies?  If you could be more specific with these details, someone may be able to help.

2 replies

itonewbie
itonewbieAnswer
Level 15
December 7, 2019

Did you account for expenses allocable to QBI?  If you follow the money, what are the discrepancies?  If you could be more specific with these details, someone may be able to help.

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abctax55
Level 15
December 7, 2019

Allocated SEHI, SE tax, Retirement plan contribution?

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