Question

What are they asking for on an "aggregation changes statement" as part of q "qualified business income component worksheet?

Forum|Forum|6 years ago
April 5, 2020
1 reply
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TurboTax Premier Online

Aggregation refers to an option you would have taken to treat multiple businesses as one for purposes of the qualified business income (QBI) deduction, you may have made than election in the current or a previous year. If there were changes to your ownership in the businesses then you would need to report those changes in a statement attached to your tax return.

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G

graystones12

@ThomasM125 Where is this aggregation changes statement in the workflow of Turbotax? I completed my QBI section, and had this area below filled out, but I still get that check at the end saying I need to complete an aggregated changes statement.

To be clear, no changes have been made to either businesses, and both my existing real estate business and rental real estate property have been functioning businesses in Turbotax for years.