dascpa
Level 12
02-21-2022
12:31 PM
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$4,000? Obviously your client is a vampire who has a Schedule C for being in the business of collecting blood. The question is - is this a Sec. 199A QBI activity?
On a side note what is the cost of your own blood. If it's the sale of personal property not at a gain then I would think it's ignored? Curious to hear other answers.
And next we'll hear about donating sperm and more.........