Anonymous
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Get your taxes done using TurboTax

The proposed regulation Section 1.199A-4 contains the information on aggregation rules between trades or businesses that can be grouped when applying the Section 199A rules. Take note: the aggregation rules are not related to the grouping rules under Section 469 regarding passive loss provision. The overall goal with the regulation is to execute a duty of consistency that once multiple trades or businesses are aggregated as one trade or business under Section 199A, then taxpayers can consistently report the one group.

Remember, this proposed regulation can be elected by a taxpayer and is not required. When the aggregation is elected, you must determine the Section 199A deduction for the business through the combined qualified business income, W-2 wages and unadjusted basis immediately after acquisition (UBIA) of qualified property.

 

https://www.bradfordtaxinstitute.com/Endnotes/Prop_Reg_1_199A-4b1.pdf

 

 

 

TT has a QBI component worksheet.  

 

my only suggestion if you can't aggregate them all under 1 k-1.  then see if you can enter multiple k-1's using the aggregate name on the K-1 and it's id number.    enter the on a separate k-1 only the QBI info for each aggregate group