Avs19
Level 5
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  • I think that if it's under 25 million, and less than 10% SSTB then he can take full income as a non SSTB. His gross was only 2 millionThis is directly from the ...
    Avs19
    Sep 06, 2024
  • My initial figures were incorrect. Out of 2 million in total receipts, only $100,000 was for consulting. The other 1.9 million was for selling products and inst...
    Avs19
    2
    Sep 06, 2024
  • I did find this on the IRS site:There is a de minimis rule for a single trade or business that has income from both specified service activities and other activ...
    Avs19
    4
    Sep 06, 2024
  • Hi,I'm sure this question has been asked before but am having a hard time finding the answer. I came across the question in the link below but am still confused...
    Avs19
    5
    Sep 06, 2024
  • Thanks for all of your help!
    Avs19
    Sep 02, 2024
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Posts 136
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Member Since ‎12-14-2020
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