GingerM Posted February 2, 2019 Report Share Posted February 2, 2019 I am needing guidance at the entity level (1120S and 1065 K-1). The classes I have taken were brief when discussing QBI, wages, etc reporting requirements at the entity level. There was much discussion at the individual level. I am most confused with QBI on the K-1. ie 1120S Do I subtract officer wages from income on the K-1 or does the shareholder adjust on the 1040? Any recommendations are welcomed. Quote Link to comment Share on other sites More sharing options...
Recommended Posts
Join the conversation
You can post now and register later. If you have an account, sign in now to post with your account.