03
Dec
QBI (Section 199A): Protect Your 20% Deduction
QBI for Pass-Throughs: Keep Your 20% Owners of S-Corps, partnerships, and some LLCs may qualify for the Qualified Business Income (QBI) deduction—up to 20% of qualified income—subject to limits (income thresholds, W-2 wage/property tests, and SSTB rules for certain service businesses). Levers to check before year-end Reasonable compensation (S-Corp): Pay a defensible W-2; then consider...Read More
