topic Is a PTP a qualified business? The Schedule E worksheet for one of my PTPs is asking if this activity is a qualified business. in Business & farm https://ttlc.intuit.com/community/business-taxes/discussion/is-a-ptp-a-qualified-business-the-schedule-e-worksheet-for-one-of-my-ptps-is-asking-if-this-activity/01/442759#M16869 <P>The K-1 does show line 20AD income. Other K-1s do show a loss in line 20AD. How do I answer this question?<BR /></P> Tue, 04 Jun 2019 22:27:39 GMT danbon1 2019-06-04T22:27:39Z Is a PTP a qualified business? The Schedule E worksheet for one of my PTPs is asking if this activity is a qualified business. https://ttlc.intuit.com/community/business-taxes/discussion/is-a-ptp-a-qualified-business-the-schedule-e-worksheet-for-one-of-my-ptps-is-asking-if-this-activity/01/442759#M16869 <P>The K-1 does show line 20AD income. Other K-1s do show a loss in line 20AD. How do I answer this question?<BR /></P> Tue, 04 Jun 2019 22:27:39 GMT https://ttlc.intuit.com/community/business-taxes/discussion/is-a-ptp-a-qualified-business-the-schedule-e-worksheet-for-one-of-my-ptps-is-asking-if-this-activity/01/442759#M16869 danbon1 2019-06-04T22:27:39Z If the PTP is not from a foreign entity, it is a qualifie... https://ttlc.intuit.com/community/business-taxes/discussion/if-the-ptp-is-not-from-a-foreign-entity-it-is-a-qualifie/01/442765#M16870 <P>If the PTP is not from a foreign entity, it is a qualified business.&nbsp; Your interest in PTP income, while not considered to be QBI, can qualify for the Section 199A deduction if the PTP is not a foreign entity.</P> Tue, 04 Jun 2019 22:27:41 GMT https://ttlc.intuit.com/community/business-taxes/discussion/if-the-ptp-is-not-from-a-foreign-entity-it-is-a-qualifie/01/442765#M16870 DanielV01 2019-06-04T22:27:41Z