As a self employed guitar teacher can I take the 20% Qualified Business Income tax deduction?

LGomez · ‎June 1, 2019

MinhT · ‎June 1, 2019

Yes, your self-employed income is Qualified Business Income (QBI) and you are eligible for the 20% QBI deduction.

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LGomez · ‎June 1, 2019

Thank you!!

Business & farm