jskouberdis
Level 4
03-30-2022
01:57 PM
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Thanks for your reply. But I was able to see in the research that Sec. 1250 recapture does not count as ordinary income and is just another form of capital gain taxed at a different rate. If equipment was sold with ordinary depreciation recapture you could use that as an offset to QBI. And everything that I have read reinforces what you said about the the negative QBI going on indefinetly. Thanks reinforcing what I read.