1. Do you have to be a SSTB to qualify for the qualified business deduction? If yes, then:
2. Am I qualified as a SSTB and therefore allowed the qualified business deduction when: I am a business where “the principal asset of such trade or business IS the reputation or skill of the employees or owners,” and all my Income is below my filing status of married filing jointly threshold.? I am sole owner /operator—-no employees.
I am not a celebrity and do not or endorse or promote any products with my identity or appear on any show.
I wasn’t sure if being below the threshold would qualify me since my income is NOT demonstrated by endorsement of products or services.?
