Does the qualified business income deduction reduce self-employment income for self employment tax purposes?

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CCH Federal Taxation Basic Principles 2020

ISBN: 9780808051787

2020 Edition

Authors: Ephraim P. Smith, Philip J. Harmelink, James R. Hasselback

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Question Posted: Feb 27, 2024 03:04 AM

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Does the qualified business income deduction reduce self-employment income for self employment tax purposes?

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No the Qualified Business Income QBI deduction does not directly reduce selfemployment income for se...View the full answer

CCH Federal Taxation Basic Principles 2020

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