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How Does QBI Deduction impact S Corp LLC and Sole Prop?

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Navi Maraj, CPA

In this video I compare the qualified business income deduction (Section 199A) when your business is taxed as a sole proprietorship vs. when your business is taxed as an S Corporation. Does the S Corp still make financial after considering the QBI deduction?

⏱ Timestamps ⏱

00:00 Topic: How does the QBID play into the decision to be taxed as an S Corp?
02:01 $40k profit comparison
08:00 $50k profit comparison
08:45 $75k profit comparison
09:04 $100k profit comparison
09:19 $150k profit comparison
10:00 $200k profit comparison
10:32 $250k profit comparison
13:00 Learn More


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#QBI #199A #QBID

posted by no8rdki