Unadjusted Basis of Assets (UBIA) refers to the original cost to purchase an asset. This amount includes not only the initial price the purchaser paid to acquire the asset but also includes other costs such as expenses and liabilities assumed to purchase it.
UBIA is used to calculate the Qualified Business Income Deduction on IRS Form 8995-A. See Part II line 7 Allocable share of the unadjusted basis immediately after acquisition (UBIA) of all qualified property.
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