dascpa
Level 11
03-05-2020
03:52 PM
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The calculation of a QBI deduction is on the 1040 based upon the 1040 income which of course the K-1 from the LLC is just one component of income. So if the K-1 income was $100,000 but the spouse's W-2 was $400,000 they would be over the SSTB QBI threshhold.