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Tax Year Prior to 2020: QBI Deduction
Hello,
I have a consulting business that does not qualify for the QBI deduction unless we meet the $315k income threshold. My consulting business produces income less than this amount. What I would like some input on is does investment income and/or capital gains get added to your income threshold as I sold a second home and had a rather large capital gain that in combination with my consulting income would put me over the threshold. Thanks for your help.
March 31, 2019
2:48 PM