Answered: Section 179 deduction is not being deducted in figuring the qualified business income on Form 1120S. Is this correct?

Welcome back! Ask questions, get answers, and join our large community of tax professionals.

Section 179 deduction is not being deducted in figuring the qualified business income on Form 1120S. Is this correct?

1 Best Answer

Accepted Solutions

Is that done at the S-Corp level or at the shareholder (individual) return?

1 Comment 1

Is that done at the S-Corp level or at the shareholder (individual) return?