ThomasM125
Expert Alumni

Business & farm

The specified service trade business (SSTB) is referring to the partnership that you received the K-1 schedule for. The question is how much of the income or loss reported is from an SSTB. If the partnership was an SSTB it would likely be 100%, otherwise the partnership may have an interest in another business so that a portion of its income or loss would be considered SSTB.

 

 

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