Page 338 - Large Business IRS Training Guides

Treatment of QBI Wage / Basis Limitation

• Taxable income, before QBID, at or below the

threshold; W-2 wage/UBIA of qualified property

limitations do not apply.

• Taxable income, before QBID, exceeds the

threshold and the phase-in range; W-2

Wage/UBIA of qualified property limitations

apply.

• Taxable income, before QBID, above the

threshold but within the phase-in range; W-2

wage/UBIA of qualified property limitations are

phased-in. 72