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Level 3
posted Oct 17, 2022 11:33:44 AM

How do I correct the aggregation of rental properties for qualified business income?

Somehow in the interview process the incorrect properties got aggregated, and one is name simply "Enterprise #1". I want to change the aggregation AND the name of the property. How do I do that?

0 3 441
3 Replies
Level 15
Oct 17, 2022 1:28:29 PM
Level 3
Apr 17, 2023 2:40:11 AM

I still have this question!

Expert Alumni
Apr 18, 2023 8:49:25 AM

If you aggregated them incorrectly the best way to fix it is to delete the aggregated properties and re-enter them.  Be sure to write down all of the accumulated depreciation so that you'll be able to re-enter it.

 

@cdogngeorge