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20% PASS-THRU TAX DEDUCTION. 2018 with total revenue or
2018 with total revenue or $40,500 paid to an active LLC. How do I report this $8,100 deduction? … read more
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Fiona, how are you? I now need help for filling the 1040
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I have a client who is a successful real estate broker and
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Lane
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A taxpayer owns 100%of his dental practice, which is an S
A taxpayer owns 100%of his dental practice, which is an S Corp. The total wages he paid himself & his 2 employees was 60,000. He files a joint personal return & his total income (W-2 + pass through S … read more
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A taxpayer receives a K-1 from an S Corporation which he is
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Lane
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I am using Drake Software and had a question about QBI. I
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Under the next tax law, how is the incom determined for an
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Completed taxes on turbotax for S corp for my business...it
completed taxes on turbotax for S corp for my business...it has a new form I am not familiar with the 199a. There are 2 shareholders that usually receive a K1 form, i am confused as to how I am suppos… read more
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In the K1, section 17 w., is listed all (total) of my
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QBI deduction and 1065. With calculating the QBI deduction,
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QBI S-corp deduction and Ultra Tax 1. Taxpayer is a greater
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Lev
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I am the sole shareholder of an 1120S and have a question
I am the sole shareholder of an 1120S and have a question about QBI and Lines 17V and 17W on the 2018 1120S … read more
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Are you familiar with 199A. But they weren't too familiar
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Just want to confirm something with section 199A. I have a
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Qbi deduction for taxable income > 415000. Can the 50% of W2
qbi deduction for taxable income > 415000. Can the 50% of W2 wages of the business be used as qbi deduction? … read more
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The new tax law allows an individual taxpayer a deduction
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Lane
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I was reading several articles about the new 199A section,
Hi Roger, I was reading several articles about the new 199A section, In my case, if I am the sole owner of an S corp, I sell software online and made more than $500K , I am not marries, then how the l… read more
Lane
Lane
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Doctoral Degree
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Lane - Can you run this scenario for me using your section
Hi Lane - Can you run this scenario for me using your section 199A model that you have. Here are the factors:S Corp Engineering Firm so a non service relatedW-2 Employees of $1,728,000 ($701,000 of W-… read more
Lane
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