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Level 2
June 1, 2019
Question

Why does my qualified business income deduction not match 20% of net profit? Income limitation not an issue.

  • June 1, 2019
  • 1 reply
  • 6 views
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1 reply

June 1, 2019

Various other items are taken into account, such as half of SE tax, any self-employed health insurance deduction or contribution to a business pension plan.