KathrynG3
Expert Alumni

Get your taxes done using TurboTax

It depends. The Safe Harbor Election and QBI Deduction are different things. Be sure that you have accurately selected that your activity qualifies as a trade or business, not the safe harbor.

 

For more information, see:

What is the Qualified Business Income (QBI) deduction?

What can I expense or depreciate with the business safe harbor election?

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