sp1
Level 1
asset not being picked up for qubi computation, not past depreciable life
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itonewbie
Level 15

Is the asset linked to an activity that is marked as a qualified trade or business for QBID?

Does the asset meet all the requirements to be considered a qualified property for the purpose of computing UBIA?  Not past the applicable recovery period is only on of the conditions.

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Still an AllStar

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