199A QBI STATEMENT

mini 11 — Mon, 23 Feb 2026 13:18:14 GMT

I am a single owner of S.corp and claimed new computer ($3,000) 100% use for business in 2021 under section 179.

But I see this amount $3,000 on 199A statement, QBI statement as UBIA of qualified property from my 1120S 2022 year.

Is this an error or this is correct? I assume it will stay like this until the end of life 5years?

Please advise me. Thank you very much!

Re: 199A QBI STATEMENT

PatriciaV — Mon, 06 Feb 2023 16:16:04 GMT

Yes, the unadjusted basis immediately after acquisition (UBIA) of qualified property held by a trade or business is reported BEFORE any depreciation. So the original basis of your business property will be reported under QBI until it is fully depreciated.

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199A QBI STATEMENT

Re: 199A QBI STATEMENT