Form W-2 wages for the purpose of the qualified business income deduction include all of the...

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Form W-2 wages for the purpose of the qualified business income deduction include all of the...

Form W-2 wages for the purpose of the qualified business income deduction include all of the following except:

a. Wages subject to withholding

b. Elective deferrals

c. Guaranteed payments to partners for service

d. Deferred compensation related to the trade or business

business accounting

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Answer 1

Answer #1

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Solution Answer: c. Guaranteed payments to partners for service Explanation: Guaranteed payment of wages to partners is not considered for QBI purpose It is standardized. No further explanaiton require

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Answer 2

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Form W-2 wages for the purpose of the qualified business income deduction include all of the...

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