Welcome back! Ask questions, get answers, and join our large community of tax professionals.
cancel
Showing results for 
Search instead for 
Did you mean: 

S Corp Law firm, K-1 to 25% owners share of S Corp earnings, $100,000. 25% owner, single, will have less than $150,000 agi. Does 25% owner have QBI and can take QBID??

welkerje
Level 1
 
0 Cheers

This discussion has been locked. No new contributions can be made. You may start a new discussion here

1 Solution

Accepted Solutions
IRonMaN
Level 15

Sounds like you could have a winner


Slava Ukraini!

View solution in original post

0 Cheers
2 Comments 2
IRonMaN
Level 15

Sounds like you could have a winner


Slava Ukraini!
0 Cheers
Ernie
Level 9

I agree with the coyote, one thought - you did pay reasonable wages in the S-Corp and not just distributing the profits on a K-1 right?

0 Cheers