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Deductions & credits
Because the work was different than your former job, it is eligible for the QBI deduction. The "former employer" rule is there to prevent people from quitting their W-2 job and doing the same work as a 1099 worker solely to deduct 20% of what is in substance the same employee wages. That is not the circumstance you describe.
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March 30, 2020
5:07 AM
1,558 Views