Can someone shed some light on this for me - should TTP be providing a QBI exemption on passive income which has been fully negated by unused depreciation on fo...
Thanks and I understand that aspect of the QBI calculation. What concerns me is that TTP is including Form 8582 where it is allocating unused depreciation to of...
Thanks for the answer on eligibility to claim QBI. So back to the original issue.Form 8582 is correctly showing that unused depreciation is offsetting the other...
When using TT 2021, I answered "no" the the QBI safe harbor question. The next screen asks "Is this Qualified business Income?". I answered "Yes" after reading ...
Interesting... Form 8582 looks correct to me. Unused losses on line 1d offset passive gains on line 2d! Great, but here's where I'm still confused. TT's QBI Ded...
