Fast Freddy
Level 1
04-18-2021
04:32 PM
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5 Comments 5
Fast Freddy
Level 1
04-18-2021
05:15 PM
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The section was completed still no deduction .....the deduction showed last year but not this year...
Fast Freddy
Level 1
04-20-2021
05:49 AM
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The rental income is being reduced by QBI carryforwards from previous years as the S Corporation had loss carryforwards from previous years......not sure why s corp losses from previous years would affect the Sch e income for 2020. I have these two entities tied together through aggregation. Sch e has no previous loss carryforwards