TheKeeperOfBook s
Level 2
04-29-2020
03:04 PM
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Does K-1 income from a sub S corporation qualify. If so , how do I trigger the calculation
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sjrcpa
Level 15
04-29-2020
03:06 PM
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The QBI determination is made at the S Corp level. If it is a QBI, the information needed to compute the 199A deduction will be on the K-1.
Ex-AllStar