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true or false Once a taxpayer reaches certain taxable income thresholds Sec. 199A limits the qualified business income deduction. These thresholds ($315,000 for married taxpayers

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Once a taxpayer reaches certain taxable income thresholds Sec. 199A limits the qualified business income deduction. These thresholds ($315,000 for married taxpayers filing jointly and $157,500 for all other taxpayers) are indexed for inflation after 2018.

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