As a self employed guitar teacher can I take the 20% Qualified Business Income tax deduction?
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As a self employed guitar teacher can I take the 20% Qualified Business Income tax deduction?

 
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Level 6

As a self employed guitar teacher can I take the 20% Qualified Business Income tax deduction?

Yes, your self-employed income is Qualified Business Income (QBI) and you are eligible for the 20% QBI deduction.

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New Member

As a self employed guitar teacher can I take the 20% Qualified Business Income tax deduction?

Thank you!!
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