actgsvsco
Level 2
12-06-2019
08:00 PM
- Mark as New
- Bookmark
- Subscribe
- Permalink
- Report Inappropriate Content
For Scorp 1120S it is my understanding that the QBI deduction is not taken by shareholders on the corporate 1120S tax return, but rather information for QBI is provided to shareholders on their K-1, box 17 codes V through Z. In ProSeries, will information on shareholder K-1’s flow through to proper line items of form 1040 for the QBI deduction?
Best Answer Click here
Labels