How did it go? I am in the same boat. I have one S-corp and W-2 job. I am taking minimum salary from S-corp. S-corp still has some income. I file jointly with my wife and we both have w2 jobs. I wont have any income from new LLC (Single member as of now, i can make it S-corp while filing if required).
Question - Can I take 179 depreciation towards my W2?
If S-corp is treated as different entity, I assume I wont be able to take new LLC depreciation towards S-corp income.
