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Deductions & credits
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.
‎June 1, 2019
12:33 PM