Article Date:
June 2019


Word Count:
599

 

 

Q&A: QBI and Self-Employment Tax Savings for S Corp. as a Partner


Question

 

I own 100 percent of my S corporation.

 

My S corporation is a partner in various partnerships and receives a combination of guaranteed payments and ordinary pass-through income from those partnerships.

 

I draw a salary from the S corporation for the services I perform for these partnerships.

 

The S corporation pass-through income to me qualifies for the Section 199A deduction, right? I’m below the taxable income threshold. ... Log in to view full article.

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