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Need help Answering question for QBID - creating too many enterprises
After filing my return for the past two years taking the QBID for 21 rental properties...Turbo tax is somehow taking the information and making an enterprise for each property...and it's looking like a mess on form 8995. Never had this problem before....so I am answering the question wrong I guess. I tried to talk to two Tax Experts, and they had no idea what the QBID was. So...I know we qualify for the deduction. The properties are single family residential so they are considered an aggregate. There is only one enterprise...but somehow each property is being listed as an enterprise. It's obvious I am answering something wrong. I would love someone who knows turbotax to see what I am doing wrong and how to clean up form 8995 so the IRS doesn't get their panties in a knot with all the enterprises that are listed. I was using the online version and switched to the desktop so that I could see the actual forms. Thank you to anyone who can help me. I am willing to pay for help!