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Do Royalties income received qualify for QBDI qualify business income deduction?Proseries basis asking question on Schedule E. Taxpayer received 1099 misc for royalties.

JOHNNYCPA
Level 3

see above.

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Just-Lisa-Now-
Level 15
Level 15

Depends on what the client is doing to earn these royalties.

 This may help

https://proconnect.intuit.com/community/Tax-Reform-AMA/Can-QBI-be-used-for-Sch-E-Royalties/td-p/1574


♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪

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Just-Lisa-Now-
Level 15
Level 15

Depends on what the client is doing to earn these royalties.

 This may help

https://proconnect.intuit.com/community/Tax-Reform-AMA/Can-QBI-be-used-for-Sch-E-Royalties/td-p/1574


♪♫•*¨*•.¸¸♥Lisa♥¸¸.•*¨*•♫♪

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Marc-TaxMan
Level 8
Lots of DEPENDS needed now.
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JOHNNYCPA
Level 3
Marc. taxman, the client who gets royalties is a nonpartipating member.  thanks for your help.
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