Small lawnmower engine LLC filing as an Scorp, operating income is $59,221 on the K-1 sent to 1040 but no deduction is being computed. Adjusted gross income is $109,000. What gives?
When I added a major improvement to a resturant as "qualified resturant property" Proseries put 39 years as life rather than 15 years as passed in the PATH act of 2015?