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Get your taxes done using TurboTax
This is SUCH a helpful response. Thank you so much! I’m reporting a loss on my S-Corp but a profit on my two rental properties so TurbTax online generated an aggregate 8995 for me to take advantage of the QBI deduction.
I’m wondering how I can figure out if I am required to aggregate my two businesses or if I can use your tip to “un-aggregar” them.
I would prefer to file online and keep them separate if possible. Could you point me to any resources that could help me determine if I need to aggregate or not?
March 15, 2021
7:31 AM