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New Member
posted Apr 9, 2025 8:58:04 AM

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.

 

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2 Replies
Level 15
Apr 9, 2025 9:00:55 AM

Where are you seeing that?

Expert Alumni
Apr 9, 2025 9:02:19 AM

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?