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amortize R&D wages affect QBI wages?
We have to now amoritze our wages for the R&D tax credit.
When we calculate our QBI deduction, it's limited by 50% of the wages.
Is that 50% of wages paid or 50% of wages deducted this year?
Let's say we have a salary of 200k and 100k of that was used for R&D. Are the QBI wages 200 or 110?
Thanks!
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‎December 19, 2022
11:58 AM