MaryK4
Expert Alumni

Self employed

Yes, personal trainer would fall under the specified service trades or businesses (SSTBs), but  the SSTB label is irrelevant if your 2022 total taxable income (which includes non-business as well as business income) is $170,050 or less (or $340,100 if you're filing jointly). At these lower income levels, owners of SSTB as well as non-SSTB businesses can qualify for the same QBI deduction: 20% of either taxable income (minus capital gains and dividends) or qualified business income, whichever is less.

 

The QBI deduction phases out for SSTBs. If your taxable income before the QBI deduction is more than $170,050 but not more than $220,050 if single, head of household, married filing separately or qualifying surviving spouse or more than $340,100 but not more than $440,100 if married filing jointly, you still qualify for a partial deduction based on the applicable percentage.

 

Your truck driving job would not be SSTB because the IRS included and excluded very specific occupations- for more information see Is my business an SSTB? - TurboTax Support - Intuit.

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