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How does Turbo tax calculate UBIA on my partnership's 1065? Why is the UBIA for 2019 different from 2018?

 
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How does Turbo tax calculate UBIA on my partnership's 1065? Why is the UBIA for 2019 different from 2018?

Enter Forms Mode and look at your "UBIA Rpt" (in the list of forms).

 

Also see the following article.

 

https://www.thetaxadviser.com/newsletters/2019/oct/maximizing-qbi-deduction-ubia-property.html

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Highlighted
Level 15

How does Turbo tax calculate UBIA on my partnership's 1065? Why is the UBIA for 2019 different from 2018?

Enter Forms Mode and look at your "UBIA Rpt" (in the list of forms).

 

Also see the following article.

 

https://www.thetaxadviser.com/newsletters/2019/oct/maximizing-qbi-deduction-ubia-property.html

View solution in original post

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