DavidS127
Expert Alumni

Deductions & credits

Got to the Schedule E, page 1 in Forms mode, and scroll down to the Qualified Business Income Deduction Info (Review Each Activity Below) section.  See if the "Check if activity is NOT a qual trade/business" box is checked.  That box was not checked, on my form even though I had answered "No" to QBI in the interview questions.  At some point, I was able to get the "X" to "take" for that box.

 

If you still have a QBI Component sheet linked on line B of that section, you can double click there, select the sheet in the window, and click the Remove Link button.

 

See the KPMG analysis at this link regarding when royalty interests do (working interest) and do not (held for investment) qualify for QBI.

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