Page 196 - Large Business IRS Training Guides

Partnership Subject to IRC § 163(j) –

Special Computations

The partnership completes a Form 8990 and

computes the following items, if applicable:

• Total Current Year Business Interest Expense

Deduction -Line 30

• Excess Business Interest Expense (EBIE) -Line 32

• Excess Business Interest Income (EBII) -Line 37

• Excess Taxable Income (ETI) -Line 36

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