Question
1 Which of the following statements is true? OA. You can only take the qualified business deduction if you elect to itemize your deductions OB.
1 Which of the following statements is true? OA. You can only take the qualified business deduction if you elect to itemize your deductions OB. You can take a qualified business income deduction regardless if you take the standard deduction or itemize your deductions OC. You may take a qualified business income deduction only if the income is generated from a passive OD. The qualified business income deduction was eliminated in 2019. activity OE. The QBI deduction related to a specialized service trade business is never limited regardless of how much the business generates 2 point
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