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The 20% of Qualified Business income deduction under the new Section 199A is: Deductible as an Itemized Deduction. Deductible from AGI when calculating taxable income.

The 20% of Qualified Business income deduction under the new Section 199A is:

Deductible as an Itemized Deduction.

Deductible from AGI when calculating taxable income.

Deductible for AGI when calculating taxable income.

Not deductible.

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