Question 5 of 15. Tony Takmo is a sow patter in a general putnership. Which of the followisy
would be considered a guatanteed pyyment to Tony? Aloan payment from the Avtuesship ta pay
back a ban foon Tony Aloin paytwent from Tory to pay bock a loan from the pactrarthip A
paymeet made vo fony ficen the protts of the parthership. A payment made to Tons whout regard
to the incoree of the pattheah Mackior todibiv up Question 6 of 15 . Clariatie centroufons esse by
tenc loen Maik la laow ve Quesion t of 15 . H90 6m
Question 1 of 15. How does the qualfied business income (QBI) deduction apply to a pass
through entity? The entyty wim take the allowable deduction, lowering their ordinary income to
be reported to the parthers, shareholders, or estateftust. The entity will take the allowable
deduction and report it on the Schedulos K1 as capital losses Reported on the Schedule K-1 wil
be each partner, shareholder, of beneficiary's share of OBI tems, which will then be reported on
their individual returns. Quaified business income received by a pass-through ently is not eligible
for the deduction..
Question 5 of 15. Tony Takmo is a sow patter in a general putnership..pdf
1. Question 5 of 15. Tony Takmo is a sow patter in a general putnership. Which of the followisy
would be considered a guatanteed pyyment to Tony? Aloan payment from the Avtuesship ta pay
back a ban foon Tony Aloin paytwent from Tory to pay bock a loan from the pactrarthip A
paymeet made vo fony ficen the protts of the parthership. A payment made to Tons whout regard
to the incoree of the pattheah Mackior todibiv up Question 6 of 15 . Clariatie centroufons esse by
tenc loen Maik la laow ve Quesion t of 15 . H90 6m
Question 1 of 15. How does the qualfied business income (QBI) deduction apply to a pass
through entity? The entyty wim take the allowable deduction, lowering their ordinary income to
be reported to the parthers, shareholders, or estateftust. The entity will take the allowable
deduction and report it on the Schedulos K1 as capital losses Reported on the Schedule K-1 wil
be each partner, shareholder, of beneficiary's share of OBI tems, which will then be reported on
their individual returns. Quaified business income received by a pass-through ently is not eligible
for the deduction.
