I received a K1 from my work. We are a healthcare practice but with a retail glasses shop within our S corp structure. The retail portion our accountant tells us should be able to take advantage of the QBI deduction. The rest of the practice cannot because it is in the healthcare sector. The K1 statement is divided into the various segments of the practice but it is all on one K1 because it is all one practice. Is there a way to designate part of the 17V entry as a QBI deduction for the 20% pass through but a different 17V entry as a specified service business that does not qualify for the pass through.
Thank you in advance for any guidance you can give.
