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Anonymous
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I have a small at home craft business and report income on Sch C. Do I qualify for Qualified Business Income Deduction?

I have a small at home craft business and report income on Sch C. Do I qualify for Qualified Business Income Deduction?

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I have a small at home craft business and report income on Sch C. Do I qualify for Qualified Business Income Deduction?

Yes, the deduction is 20% of your business profit. Tax software calculates it automatically and you can see the amounts on your tax summary page.

Anonymous
Not applicable

I have a small at home craft business and report income on Sch C. Do I qualify for Qualified Business Income Deduction?

Thank you so much for the quick response!

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