Yes, you get the standard deduction which is just tied to your filing status - $12,000 single/$24,000 married filing jointly.

The QBI deduction is a potential 20% deduction from taxable income based on the amount of business/self-employment income you have.

These are completely independent of each other and you can have both.

Thank you! The reason I ask is because turbotax self employed did not calculate it that way or I am looking at it wrong. From my calculations for example are 100,000 QBI- 20% deduction puts it at 80,000 then the standard deduction for single is 12,000. Should taxable income in this case be 68,000 (barring any losses etc)

There's an entire calculation worksheet, but it's more like Adjusted Gross Income minus Standard Deduction multiplied by 20% gets your QBI deduction.

Okay, when I run the math it does not appear that the software is taking it into consideration. How can I double check that it is actually on my file?