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Eligible taxpayers may qualify to take the full 2 0 % deduction for qualified business income ( or 2 0 % of taxable income, whichever
Eligible taxpayers may qualify to take the full deduction for
qualified business income or of taxable income, whichever is
less when their taxable income is:
More than the threshold of $ for married filing
joint taxpayers
Less than the threshold of $ for single taxpayers
Between the income thresholds based on filing status
There is no threshold when considering the QBI
deduction
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