MinhT1
Expert Alumni

Get your taxes done using TurboTax

You are self-employed as you have a form 1099-NEC. Your self-employed income is qualified business income and you are eligible for the 20% Qualified business income deduction. This deduction is calculated on form 8995 which will be ready on or around 01/2/2021. Please be patient as it could be late by a day or two.

**Say "Thanks" by clicking the thumb icon in a post
**Mark the post that answers your question by clicking on "Mark as Best Answer"