There is are requirements that have to be met to qualify for the reduced rate for QBI in Oregon.
You must have materially participated in the business.
You must have non-passive income from the business
Employee requirement. The sole proprietorship, partnership, or S corporation must have employed at least one employee who wasn’t an owner, member, or limited partner for an aggregate of at least 1,200 hours during the tax year in Oregon. Only the hours worked in a week in which an employee worked at least 30 hours in Oregon can be counted. Hours worked by an employee that is a spouse or other family member that isn’t an owner, member, or limited partner can be used to meet the hour requirements. Independent contractors can’t be used to meet the employee requirement.
If you do not meet this requirements you do not qualify for the reduced rate for QBI in Oregon.
Qualifying Business Income reduced rate for full year Oregon Residents is based on profit from the business that does not include any passive income.
Schedule OR-PTE-FY Instructions Qualifying business income reduced tax rate for Oregon full-year res...
@Anonymous
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