SSTB BUSINESS AND K-1 - Spidell

SSTB BUSINESS AND K-1

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Message Board SSTB BUSINESS AND K-1

This topic contains 1 reply, has 2 voices, and was last updated by Lynn Freer 2 weeks, 4 days ago.

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  • #183508
    Anonymous

    It is my understanding that the QBI deduction and whether or not it is an SSTB businesses income

    is made at the partnership level. So the K-1 should have a statement identify income as SSTB ?

  • #183611
    Lynn Freer
    Participant

    That is correct. The QBI, wages and assets should also appear on the K1