topic Shouldn’t I still get the 20% pass thru deduction since I did not gross over $157,500? in After you file

Shouldn’t I still get the 20% pass thru deduction since I did not gross over $157,500?

ramses7 — Sat, 01 Jun 2019 20:32:13 GMT

I am winding down my law practice as a solo practitioner and grossed only $13,000 in 2018. Even if I am considered a specified service trade and business, shouldn't the 20% pass thru apply to me since the income is less than $157,500?

maybe. taxable income after subtracting capital gains h...

Anonymous — Sat, 01 Jun 2019 20:32:15 GMT

maybe.

taxable income after subtracting capital gains has to be positive

from the net schedule c income subtract any amounts on schedule 1 lines 27,28 and 29. is the result positive?

finally did you complete the QBI section of the schedule C worksheet