Do you Qualify for the QBI Deduction and What Can you Do to Help Qualify?
RogerRossmeisl
JANUARY 1, 2023
If you own a business, you may wonder if you’re eligible to take the qualified business income (QBI) deduction. Sometimes this is referred to as the pass-through deduction or the Section 199A deduction. The QBI deduction is: Available to owners of sole proprietorships, single member limited liability companies (LLCs), partnerships, and S corporations, as well as trusts and estates.
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