How does a Sub S (or its stockholders) take advantage of the new 3% Manufacturers Deduction? Should a separate pass-through item be created, or does one already exist?
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I have about 9 or 10 S-Corps I still have to do that have this thing. Although I have not done one yet, I believe it does pass through to the SH's. Your software should have a place to put the info that will then flow to Schedule K.
MattI would put a favorite quote in here, but it would get me banned from the board.
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