Add aggregate QBI activities

Use the following information when adding an aggregate QBI group:
  • On the QBI screen or the K1QBI screen, in the Aggregation Group data section, enter a description and a unique aggregate group number. You can enter the combo and save it as a multi-field custom view.
  • QBI activities that share the same aggregation group number will be reported as a single QBI activity on the Section 199A Information Worksheet and the Partner’s Section 199A Information Worksheet.
  • Section 199A Information Detail Worksheet will also generate without aggregate grouping.
  • Statement entered as description and explanation for the QBI aggregate group, along with changes to the aggregation, will print and be included in the partner’s schedule K-1 package.
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