Triva isn't available right now.
Check out the support page for our phone number and hours
Solutions
-
Corporations
-
Governments
Success stories
-
A true competitive advantage
Law firm Zarin Baum’s embrace of generative AI as the natural next step in the evolution of legal work and their adoption of CoCounsel Legal has helped them achieve remarkable efficiency gains and improved client relationships.
-
Workflow transformation drives impact
Brinks, a global leader in secure logistics and security solutions, used CoCounsel to reimagine what was possible with AI tools, turning legal challenges into a competitive advantage.
-
The forefront of audit tech
A better auditing workflow solution was the answer to multiple challenges faced by The Mercadien Group. Find out how they achieved greater efficiency by embracing Cloud Audit Suite.
Questions? We are here to help.
Products
-
Tax, audit & accounting
Recommended products
-
CoCounsel Legal
Transform your work with the only AI legal solution uniting research, drafting, and document analysis in a single experience. Designed by legal experts and built on trusted content and advanced AI, CoCounsel Legal accelerates multistep work so you can better serve your clients and grow your business.
-
CoCounsel Tax
Transform your tax practice with CoCounsel Tax, an AI-powered assistant that combines trustworthy answers, automation, and firm knowledge into one seamless platform. Enhance efficiency, reduce risk, and improve client confidence with CoCounsel Tax.
-
CLEAR
Powerful software designed for law enforcement, compliance, risk, and fraud investigators. Conduct thorough investigations with ease using our intuitive online investigation software. Efficiently, prevent, detect, and solve crime.
Questions? We are here to help.
Purchase
Resources
-
Product training
-
Product communities
-
Developers
Highlights
-
2026 SKILLS Showcase
Join weekly sessions to experience in-depth demonstrations of the leading legal AI products while connecting with strategic law firm leaders in knowledge management, innovation, and AI.
-
Ghosts on the ledger
Payroll fraud is a major compliance risk. Learn how payroll analytics and AI-powered tools can help exorcise phantom employees and employers.
-
Future of professionals report 2025
The Thomson Reuters Future of Professionals Report 2025 reveals how AI continues to shape professional work — and what it takes to get ahead. This year’s report shows that increased efficiency, productivity, and cost savings top the list of benefits professionals attribute to AI, making it indispensable for organizations facing rapid change.
Screen K1TQBI - 1041 Pass-Through Qualified Business Income
Qualified Business Income Deduction
Activity qualifies as business for section 199A deduction
If this field is blank, the activity will
not
be included in the calculation of the qualified business income deduction (Section 199A). Section 199A income (Force)
Section 199A income calculates based on the total income or (loss) and various addition and subtraction amounts on Schedule E page 2. Using this field you can force a different amount or enter zero (0) if the activity doesn't have section 199A income.
Section 199A W-2 wages
If taxable income exceeds the threshold for QBID purposes, W2 wages are factored in as a limitation to the deduction. Enter the amount of W-2 wages paid reported on the K-1.
Section 199A unadjusted basis of qualified property
If taxable income exceeds the threshold for QBID purposes, the unadjusted basis in qualified property is factored in as a limitation to the deduction. Enter the amount of the unadjusted basis of qualified property reported on the K-1.
Section 199A REIT dividends
If taxable income exceeds the threshold for QBID purposes, REIT dividends are factored in as a limitation to the deduction. Enter the amount of REIT dividends reported on the K-1.
Section 199A PTP income
If taxable income exceeds the threshold for QBID purposes, PTP income is factored in as a limitation to the deduction. Enter the amount of PTP income reported on the K-1.
Portion of QBI allocable to qualified payments received from cooperative
If the farming business is a member of a specified agricultural or horticultural cooperative, enter the qualified business income allocable to qualified payments received from the cooperative. The amount entered here is on the Qualified Business Income Component Worksheet - Reduction for qualified payments received from cooperatives.
Cooperative's QPAI deduction allocated to patron
Enter the Domestic Production Activities Deduction allocated from the agricultural or horticultural cooperative, if any. Use only the amount reported from the cooperative to a patron for allocation under IRS Code Section 199A and not the previous Section 199.
This article applies to:
- PRODUCT: UltraTax CS
- Return type: 1041 Fiduciary