Hi,

I'm sure this question has been asked before but am having a hard time finding the answer. I came across the question in the link below but am still confused.

https://accountants.intuit.com/community/proseries-tax-discussions/discussion/allocating-sstb/00/137...

An individual owns 100% of an Scorp that has a mix of consulting and non consulting activities. Consulting 20% and non consulting 80%. Is he able to split these activities between SSTB and Non-SSTB income on his 1120S? 

He invoices his customers separately. He doesn't maintain separate books and records but his expenses for the consulting portion are minimal. He's the only employee but we can probably figure what percentage of his wages were for consulting.

Thanks