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Which of the following is not true of Qualified Business Income Deduction (QBID)? Choose one answer. a. Before any limits, QBID is 20% of the

Which of the following is not true of Qualified Business Income Deduction (QBID)?

Choose one answer.

a. Before any limits, QBID is 20% of the qualified business income of all qualified business activities.

b. QBID can never be claimed for Specified Service Business Activities (SSTBs)

c. Business losses reduce the QBID for other business with profit.

d. QBID is generally 20% of the total qualified business income.

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Previous Question Next Question

	a. Before any limits, QBID is 20% of the qualified business income of all qualified business activities.
	b. QBID can never be claimed for Specified Service Business Activities (SSTBs)
	c. Business losses reduce the QBID for other business with profit.
	d. QBID is generally 20% of the total qualified business income.