Donald ( a married taxpayer filing jointly ) owns a wide variety of commercial rental properties held
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Donald a married taxpayer filing jointly owns a wide variety of commercial rental properties held in a single member LLC Donald's LLC reports rental income of $ The LLC pays no W wages; rather, it pays a management fee to an S corporation Donald controls. The management company pays W wages but reports no income or loss Donald's total unadjusted basis of the commercial rental property is $ Donald's taxable income before the QBI deduction and his modified taxable income is $
What is Donald's QBI deduction for
Related Book For
South-Western Federal Taxation 2019 Comprehensive
ISBN: 9781337703017
42th Edition
Authors: David M. Maloney, William A. Raabe, William H. Hoffman, James C. Young
Posted Date: