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M
mmmorici
March 14, 2020
Question

SBI Deduction

  • March 14, 2020
  • 1 reply
  • 0 views

My wife owns a LLC (S-Corp).  Our combined income exceeds $415,000.00. Do we not qualify for the SBI deduction. The business is not an SSTB - Medical Review.

 

Thanks!

    1 reply

    M
    MinhT1
    March 14, 2020

    If your business is not an SSTB, then you are eligible for the QBI deduction without income limits.

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