itonewbie
Level 15
12-07-2019
12:22 AM
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If you are talking about unrecaptured §1250, it is taxed as capital gain and not eligible for QBI deduction according to the code and regulations. If you're talking about recaptures that are ordinary income (e.g. §1245), it is then eligible to the extent it is attributable to a qualified trade or business.
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Still an AllStar
Still an AllStar