Comments on: Tax Reform Toolkit: Pass-Thru Deduction Rules for High Income Taxpayers https://eyeonhousing.org/2018/03/tax-reform-toolkit-the-pass-thru-deduction-for-high-income-taxpayers/ National Association of Home Builders Discusses Economics and Housing Policy Tue, 18 Aug 2020 19:39:07 +0000 hourly 1 By: Daniel F. Drew https://eyeonhousing.org/2018/03/tax-reform-toolkit-the-pass-thru-deduction-for-high-income-taxpayers/#comment-1090905 Thu, 09 Aug 2018 03:24:09 +0000 http://eyeonhousing.org/?p=24380#comment-1090905 David: Do your computations change if the recipient of the $200,000 salary is Randy, versus a non-Randy employee? The verbiage that I have read, about Section 199a QBI, says that “shareholder salaries are not included in QBI.” I wish they would not use the verb “include” with respect to expenses/deductions, because I cannot tell if it means that you arrive at QBI after having deducted the s-corp shareholder’s salary, or if it means that, in the process of computing QBI, you do not take a deduction for the s-corp shareholder’s salary. Thanks…–Dan Drew

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