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Retirement tax questions
You are entering information that may qualify you for the Qualified Business Income Deduction.
"Non-STTB" sounds like qualified business income (that is not from a specified service trade or business).
"Section 199A unadjusted basis" is the unadjusted basis of qualified property held by the corporation.
Enter both figures as reported on the K-1. Hopefully, you will qualify for a deduction from your taxable income.
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March 17, 2020
11:36 AM