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April 17, 2022
Question

I dont understand the question "is the business that generated the section 199A income a seperate business owned by the S corporation"?

  • April 17, 2022
  • 1 reply
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options are: 1.) the income comes from the S corp that generated this K-1. 2.) the income comes from another business. 3.) the only source of section 199A income is section 199A dividends (also called "REIT dividends"), not business income.

1 reply

Employee
April 17, 2022

Duplicate post.