What is the passthrough deduction? - Community

Why sign in to the Community?

  • Submit a question
  • Check your notifications
or and start working on your taxes
EnglishEN

Pick a language

English Français
Announcements
Get the latest stimulus news and tax filing updates.
cancel
Showing results for 
Search instead for 
Did you mean: 
Highlighted
Intuit

What is the passthrough deduction?

The passthrough deduction is also known as the qualified business income deduction. It is in effect for tax years 2018 through 2025.

It allows taxpayers to deduct up to 20% of qualified business income from their taxes. TurboTax will automatically calculate how much you can deduct.If you’d like to learn more about the qualified business income deduction, we have more information you can read.

Privacy Settings