Shouldn’t I still get the 20% pass thru deduction since I did not gross over $157,500?

I am winding down my law practice as a solo practitioner and grossed only $13,000 in 2018. Even if I am considered a specified service trade and business, shouldn't the 20% pass thru apply to me since the income is less than $157,500?

326

Not applicable

Jun 1, 2019 1:32:15 PM

maybe.

taxable income after subtracting capital gains has to be positive

from the net schedule c income subtract any amounts on schedule 1 lines 27,28 and 29. is the result positive?

finally did you complete the QBI section of the schedule C worksheet

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Shouldn’t I still get the 20% pass thru deduction since I did not gross over $157,500?