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kbrazzell-employ
Level 1
August 24, 2021
Question

Why is my cost of goods sold/cost of labor showing up on the K1 line 20 and showing it as W2 wages?

  • August 24, 2021
  • 1 reply
  • 3 views
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1 reply

sjrcpa
sjrcpa
Level 15
August 24, 2021

For QBI (Section 199A) deduction purposes.

The more I know the more I don’t know.
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