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Business & farm
If your total taxable income (which includes non-business as well as business income) is less than $157,500 (or $315,000 if you're filing jointly), then you are eligible for the QBI deduction even if the business is an SSTB.
Above these levels, limitations will phase in. See Question 6 on this IRS document .
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‎April 1, 2020
3:00 PM