Page 195 - Large Business IRS Training Guides

Excess Business Interest Expense (EBIE)

• The disallowed business interest expense of a

partnership subject to IRC § 163(j) is termed

EBIE, and is not carried forward by the

partnership, but is allocated to the partners.

(See line 32 of the Form 8990)

• A partner can utilize EBIE in subsequent tax

years, subject to certain limitations.

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