All, I think, although I'd be open to having my mind changed. I'm not familiar with how QBI is determined for S-Corps, so I wonder employee contributions might not be a factor there and whether that could be the source of the conflicting information you're finding?
This doesn't necessarily mean they reduce the QBI deduction since QBI isn't always the limiting factor on the deduction (total income can also limit it for a specified service business).
This doesn't necessarily mean they reduce the QBI deduction since QBI isn't always the limiting factor on the deduction (total income can also limit it for a specified service business).
Statistics: Posted by terran — Tue Mar 05, 2024 3:50 am — Replies 1 — Views 110