Assertion: patron | /r/HasAspect | taxable income
Facets:
value: below the threshold amount
type: OTHER
Source sentences:
text: Patronage dividends or similar payments from cooperatives may be included in the patron’s QBI to the extent that (i) these payments are related to the patron’s trade or business, (ii) are qualified income at the cooperative’s trade or business level, (iii) are not income from a specified service trade or business (SSTB) at the cooperative’s trade or business level (unless the patron has taxable income below the threshold amount; see Q&A5), and (iv) provided the patron receives information from the cooperative regarding whether the payments are qualified items of income.