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Self employed
Yes, as a sole proprietor you would qualify for the new 20% Qualified Business Income Deduction. As an investment adviser, your business would be considered a specified service trade or business (SSTB). If your total taxable income is under $157,500 ($315,000 if filing jointly), the limits on the deduction will not apply.
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‎February 19, 2019
6:21 PM