Dear all,
Does a person who qualify for Trader Status in 2021 but did not select 475f MTM for 2021 take QBI deduction?
When google internet, I found a trader who qualify for Trader Status below to The SSTB (specified service trade or business) category. So if a trader has capital gain in 2021, he/she can enter expense deduction on Schedule C. Schedule C will show negative number. My Question is: can this trader take QBI deduction? If so, is any way to take this QBI deduction in TurboTax?
Thanks for help, I am very appreciated your kind help.
Lucy
