kennedytaxbusin e
Level 1
12-07-2019
05:50 AM
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sjrcpa
Level 15
12-07-2019
05:50 AM
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You combine Qualified Business Income and Loss to compute the QBI deduction on the net.
Your K-1 loss is being limited by basis, at risk and/or passive limits not because it is QBI.
The more I know the more I don’t know.