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What is an SSTD?

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What is an SSTD?

Where are you seeing that?

**Disclaimer: Every effort has been made to offer the most correct information possible. The poster disclaims any legal responsibility for the accuracy of the information that is contained in this post.**
Vanessa A
Employee Tax Expert

What is an SSTD?

SSTD or SSTB?  An SSTB is a specified service trade or business.  This has to do with Qualified Business Income Deduction.  So if you entered self-employment income or in some situations a Schedule K-1, you will be asked if your business is one of these to determine if you qualify for the 20% QBI deduction.

 

Is my business an SSTB?

If you are seeing a SSTD, please provide more detail as to where you are seeing this?

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