GingerM Posted February 2, 2019 Report 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
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