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Section 199A, S-corp as a partner

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    Section 199A, S-corp as a partner

    Business A is an S-corp and one of two partners in business B. Thus, business B's profit/loss is passed through on a K-1 to business A and netted against business A's income, ultimately flowing through to the two shareholders in business A. Determining QBI for A is not an issue, as all of business A's income from its own operations and that coming through from business B on the K-1 will be included for the 20% calculation. However, I'm not sure how to treat wages and assets of business B when calculating business A's numbers for these purposes. Do the flow-through wages/asset numbers from B get added to those from A? I can't find anything about this in the regulations and am hoping some of you brilliant folks here have a handle on it. Thank you in advance
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