Level 2

Lacerte is not calculating QBI correctly in the Fiduciary module.  Reg. 1.199A-3(c)(3)(ii) requires that PTP income/loss be included or allowed in determining taxable income for the taxable year before it is included in QBI.  Lacerte is incorrectly including ALL passive losses from PTPs in QBI and not limiting it to the portion included in taxable income for the year.  Please give this a priority review.  It appears to be a major error in calculation.