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How do you get W-2 income to connect to the QBI worksheet associated with the S-Corp K-1?

dellajaycpa
Level 1

I have a loss on the K-1 business income, but W-2 wages for the business.  The wages are not carrying to line 8 of the QBI Component Worksheet.

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itonewbie
Level 15

When a qualified trade or business produces a negative QBI, W-2 wages and UBIA of qualified property from that trade or business are to be disregarded and not taken into account.

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Still an AllStar

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1 Comment 1
itonewbie
Level 15

When a qualified trade or business produces a negative QBI, W-2 wages and UBIA of qualified property from that trade or business are to be disregarded and not taken into account.

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Still an AllStar
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