Christopher
Level 1

I have a client who has a partnership for a non-service type business.  Their taxable income is over $415,000 MFJ.  Since their business does not have wages or depreciable assets, is it true that they are not eligible for any QBI deduction?  

If they do get one, please provide the explanation on how this deduction would be calculated.

Labels (1)
0 Cheers