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What is Qualified Business Income Deduction? I have an S corp and 20% of my K-1 is a lot, but my QBI deduction is only $30. Isnt it supposed to be a direct 20% of K-1?
Achar1992
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What is Qualified Business Income Deduction? I have an S corp and 20% of my K-1 is a lot, but my QBI deduction is only $30. Isnt it supposed to be a direct 20% of K-1?
I am MFJ with an income threshold below the one specified for QBI
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TurboTax Self Employed Online
‎September 6, 2020
7:32 PM
