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**TAXNJ** · 04-05-2022, 07:40 PM

see Point #3 in the article and you decide since you know more about your client:

https://www.farmcrediteast.com/knowl...nts-under-199a

ALSO THIS SCENARIO WAS RAISED ON this forum (see link below)

Form 4835 - QBI Deduction - TMI Message Board

https://forum.thetaxbook.com/forum/discussion-forums/main-forum-tax-discussion/296333-form-4835-qbi-deduction

I'm sure this has already been covered but... Client has a form 4835 for the rental of farm land to a local farmer. Does the income received for rent and reported on form 4835 qualify for the QBI Deduction? Client is not a real estate professional and is not in the business of farming or renting property. He just happens to have some land he rents out to

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Trade or business? QBI deduction?

Trade or business? QBI deduction?

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