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Level 1
December 7, 2019
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Is QBI for "S" Corp before the Sec 179 deduction ?

  • December 7, 2019
  • 3 replies
  • 16 views
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Best answer by itonewbie

No, QBI for S-corp is after §179 but based on limitation applied at the individual level.

3 replies

itonewbie
itonewbieAnswer
Level 15
December 7, 2019

No, QBI for S-corp is after §179 but based on limitation applied at the individual level.

---------------------------------------------------------------------------------Still an AllStar
December 7, 2019
But I think some of the Intuit programs have not been doing that correctly yet.