I've had a rental but this year we started a business so TT made a form 8995 and added the rental income to it which is not correct. There is no question in 2023 that asks if the rental is eligible for QBI as there was in previous years. I tried deleting the form and that didn't change the numbers. How do I turn this off? I can't remove the rental income or it removes it from Schedule E. Please help. TIA!
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Not sure with which version you are using but after entering rental info you should come to a page that asks if you eligible for the QBI safe harbor
then it asks do you want to take the QBI safe harbor and then
the question no I don't or can't should be checked
then the next page is this Qualified Business Income?
No, this income is not qualified should be checked
then you should see a line that says the QBI will not be taken
Not sure with which version you are using but after entering rental info you should come to a page that asks if you eligible for the QBI safe harbor
then it asks do you want to take the QBI safe harbor and then
the question no I don't or can't should be checked
then the next page is this Qualified Business Income?
No, this income is not qualified should be checked
then you should see a line that says the QBI will not be taken
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