Line 13 of your 1040 represents the Qualified Business Income Deduction.
The deduction allows eligible taxpayers to deduct up to 20 percent of their qualified business income (QBI), plus 20 percent of qualified real estate investment trust (REIT) dividends and qualified publicly traded partnership (PTP) income.
Income earned through a C corporation or by providing services as an employee is not eligible for the deduction.
For more information on what qualifies as a trade or business.
Form 8995 "Qualified Business Income Deduction" is used to calculate this number.
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