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joel4110
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If i am an employee of my sub-s and also take distributions, am i eligible for the 199a deduction?

 
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If i am an employee of my sub-s and also take distributions, am i eligible for the 199a deduction?

That is calculated on the S-corp return and passed thru to the personal return on the K-1 ... so it depends on what you have on the 1120S to pass thru... and hopefully the 1120S is completed or on extension since it was due 3/15/19. 

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