Indicate that an activity qualifies as a trade or business
You'll get an error message if an activity has data and the
Qualifies as a trade or business for Section 199A
field on the QBI
window is blank. You can still e-file, but the information in the Qualifies as a trade or business for Section 199A
field is important for calculating Section 199A if the property qualifies. You can't print the Qualified Property report until you clear the error message.- Go to the activity with qualified property assets.
- Select theAssettab, thenSetup,Activity.
- AnswerYesin theQualifies as trade or business for Section 199Afield.