Skip to main content
Level 1
Apr 9, 2025 3:58 PM UTC
Question

What is an SSTD?

I don't know what an SSTD and it won't move past this point with a continue and answer No.

 

    2 replies

    Level 15
    Apr 9, 2025 4:00 PM UTC

    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.**
    Alumni - Intuit
    Apr 9, 2025 4:02 PM UTC

    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?

    **Say "Thanks" by clicking the thumb icon in a post. **Mark the post that answers your question by clicking on "Mark as Best Answer"