Page 180 - Large Business IRS Training Guides
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Allocation of Limitation to Group Members
(cont’d)
Amount allowable is less than current year BIE:
• Each group member first deducts its current
year BIE up to its own BII.
• Remaining current year BIE deducted
(subject to remaining limitation) on a pro
rata basis, based on member’s relative
share of group’s remaining current year
BIE.
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