QBI on sale of rental property

lwilliams2727 · ‎February 23, 2022

I sold a rental property with an unrecaptured section 1250 gain of $38,438 and a section 1231 gain of $82,475. Does the section 1231 gain qualify for QBI?

Thank You

AliciaP1 · ‎February 23, 2022

No, capital gains are never Qualified Business Income. You can see What is the Qualified Business Income (QBI) deduction? for more information.

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AliciaP1 · ‎February 23, 2022

No, capital gains are never Qualified Business Income. You can see What is the Qualified Business Income (QBI) deduction? for more information.

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