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Qualified Business Income
I have asked this before but never have received a definite response because the wording is vague. My parents have a rental property and I never know if I can mark the Qualified Business Income area. It says it must be a trade (no) or a business (not really) but the intent is to make a profit. So do they qualify or not for this deduction?
‎April 15, 2024
4:47 PM