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posted Jun 4, 2019 10:53:17 PM

I checked the yes box when asked about qualifying for the qualified business income QBI on my oil royalties. After research I think it's no. How do I get back to that?

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Intuit Alumni
Jun 4, 2019 10:53:18 PM

To see the question about whether your royalty is Qualified Business Income, use these steps:

  • Using the search box at the top of the screen, enter 'royalty', the click 'jump to royalty' that comes up in the results
  • Answer Yes to review your rental and royalty information
  • Move forward until you get to the Rental and Royalty Property Summary page
  • Click Edit beside your royalty name
  • Click Done with Royalty Property
  • Continue through the follow-up screens until you see the question regarding Qualified Business Income