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Is QBI for "S" Corp before the Sec 179 deduction ?

haw4wwa
Level 1
 
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itonewbie
Level 15

No, QBI for S-corp is after §179 but based on limitation applied at the individual level.

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3 Comments 3
itonewbie
Level 15

No, QBI for S-corp is after §179 but based on limitation applied at the individual level.

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Still an AllStar
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TaxGuyBill
Level 15
But I think some of the Intuit programs have not been doing that correctly yet.
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itonewbie
Level 15
Surprise, surprise... :stuck_out_tongue_winking_eye::stuck_out_tongue_winking_eye:
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Still an AllStar
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