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New Member
posted Feb 27, 2021 8:24:28 PM

TT is aggregating my two businesses for the QBI deduction when it shouldn't. Where do I tell it not to aggregate?

I don't qualify to aggregate my two businesses - I don't own 50% or more of one of them. But TT has aggregated them and I cannot figure out how to tell it not to do that. Where do I indicate not to aggregate them for the QBI?

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1 Replies
Expert Alumni
Feb 27, 2021 8:39:36 PM

The percentage of ownership is of no concern since the Qualified Business Income Deduction is based only on your share of profit.