Welcome back! Ask questions, get answers, and join our large community of tax professionals.
cancel
Showing results for 
Search instead for 
Did you mean: 

QBI Aggregation in ProSeries

PamA
Level 1

How do entities aggregate their QBI calculation in ProSeries?  I'm doing projections in the 2020 software.  We have 4 separate K-1's from partnerships and an S-Corp that meet the aggregation rules, but separate QBI component calculation sheets are being created even though we have the aggregate box checked on the K-1's.  Seems I'm missing a logistical step.  Thanks in advance!

0 Cheers

This discussion has been locked. No new contributions can be made. You may start a new discussion here

2 Comments 2
Accountant-Man
Level 13

I wouldn't use 2020 software for this. Do the same calcs in 2019 and check the results.

** I'm still a champion... of the world! Even without The Lounge.
0 Cheers
riccicpabristol
Level 1

SECTION D2 OF K-1 INPUT - QUALIFIED BUSINESS INCOME DEDUCTION INFO

A - You double click the name of the Entity "to the right" of the QuickZoom tab first.

      Then it will link

0 Cheers