Qualify a QBT activity

You can calculate an activity's business income, Section 179 deduction, W-2 wages, and qualified property. Go to the QBI window for the activity. Enter
1
in the
Qualifies as trade or business for Section 199A
field. If you leave the
Qualifies as trade or business for section 199A
field blank, UltraTax CS assumes that activity doesn't qualify for Section 199A purposes.
You need to enter an amount in the following fields for each
QBI
window unit:
  • Business income (loss) (Force)
  • Section 179 deduction (Force)
  • W-2 wages (Force)
The
Qualified property
field on the
QBI
window comes from the asset module for the 1st unit. If you need to divide the qualified property between all units, change the amount transferred from the asset module.
You can select more than 1 unit in the
Income & Deductions
folder as a qualifying activity, but UltraTax CS won't calculate the qualified business income, Section 179, or the W-2 wages for the Page 1 activity.
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