UA2
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Thanks for your reply. SE deductions include SE health insurance and 1/2 SE tax.
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Found out by reviewing "QBI Deduction Smart Worksheet" in the Form Sch - C that Sch C profit is reduced to zero after S. E. deduction. As such, this business ca...
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Yes, the both business have net profit. The total income on 1040 is less than $130K. I'm wondering if I should delete one business and retry to enter data again...
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The SMLLC's business/service is athletic instruction (coaching) and another is a self employed business with bookkeeping. The bookkeeping business is able to ta...
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- Posted Re: Qualified Business Income Deduction on Deductions & credits. September 23, 2023 2:39 PM
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- Posted Qualified Business Income Deduction on Deductions & credits. September 22, 2023 12:48 PM