topic Do I qualify for the QBI deduction? I do not own a business but I am self employed. in Self employed

Do I qualify for the QBI deduction? I do not own a business but I am self employed.

kyla495993 — Mon, 23 Feb 2026 10:40:59 GMT

I am unsure if I qualify for the QBI deduction or not. I got a 1099-NEC form back because I am self employed, but I do not know if I qualify for this deduction or not.

Re: Do I qualify for the QBI deduction? I do not own a business but I am self employed.

Anonymous_ — Thu, 19 Jan 2023 20:13:25 GMT

See https://www.irs.gov/instructions/i8995#en_US_2022_publink1000294645

Re: Do I qualify for the QBI deduction? I do not own a business but I am self employed.

kyla495993 — Thu, 19 Jan 2023 20:15:29 GMT

I did read over that but I am still just a bit confused.

Re: Do I qualify for the QBI deduction? I do not own a business but I am self employed.

Anonymous_ — Thu, 19 Jan 2023 20:17:00 GMT

Confused about what, exactly? There is an income limitation but it is not really much more complicated than that if you have an active trade or business.

Re: Do I qualify for the QBI deduction? I do not own a business but I am self employed.

kyla495993 — Thu, 19 Jan 2023 20:18:48 GMT

I don't actually own a business but I work for a company that I am self employed through. I saw some articles that said some self-employed individuals may qualify but I wanted to clarify if that was correct or not.

Re: Do I qualify for the QBI deduction? I do not own a business but I am self employed.

Anonymous_ — Thu, 19 Jan 2023 20:22:12 GMT

Yes, whether you are aware of it or not, you actually do have a "trade or business" if you are self-employed (i.e., an independent contractor).

Re: Do I qualify for the QBI deduction? I do not own a business but I am self employed.

kyla495993 — Thu, 19 Jan 2023 20:22:53 GMT

Thank you!