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kc2jessie
New Member

Can I have a QBI and an SEP deduction? When I add an SEP contribution, it just reduces my QBI and does not effect my tax liability

 
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Can I have a QBI and an SEP deduction? When I add an SEP contribution, it just reduces my QBI and does not effect my tax liability

The SEP is subtracted from your earned income to calculate the QBI. 

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