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Correct the qualified property basis amount

Correct the basis amount for qualified property to adjust the cost basis shown on the Qualified Property report and update the amount the tax return uses.
Follow these steps to specify how much basis to use for each asset.
This amount becomes the cost basis on the Qualified Property report and also changes the amount the tax return uses.
  1. Go to
    Organizer
    Income and Deductions
    Rental Activity
    Rental
    Activity Information
    QBI information
    .
  2. Enter the override amount in the
    Unadjusted basis adjustment
    field.

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