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

qualified business income deduction and investment holding company

May Case
Level 1

Does an LLC setting up to hold an interest in a partnership generate QBI? All the limited liability company does is to report K-1 income to partners, does capital calls and make distributions to members?



0 Cheers
2 Replies 2
Level 15

Does owning an investment sound like a trade or business?

May Case
Level 1

Thank you for the reply.