Level 15
03-20-2020
02:30 PM
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Have a client with S Corp K1. Has 179 line 11, but he does not materially participate in the S Corp, and I can't seem to disallow the deduction with out overriding. Can someone point me in the right direction. I would think that if I did not check box referencing materially participate on the K1 the program would not deduct it, but it does.
Thanks
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