nardi
Level 1

I am entering clients share of income from a partnership return. On schedule k1, form 1065, part III, number 2, "check if rental actibity is a trade or business", I am not sure if they are asking for a QBI reason or a passive activity reason.

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sjrcpa
Level 15
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IRonMaN
Level 15
@sjrcpa
Kind of funny how that picture worked.  Until your avatar showed up, I haven't seen or heard of Peter, Paul and Mary for a century or so.  But then I click on the TV last night and there they are on PBS :smile:

Slava Ukraini!
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sjrcpa
Level 15
That is funny.

Ex-AllStar
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