Maximizing Deductions – Qualified Business Income (QBI) – LNK Tax Group
Section 199A of the Internal Revenue Code provides many taxpayers a deduction for qualified business income from a qualified trade or business operated directly or through a pass-through entity. The deduction has two components. Eligible taxpayers may be entitled to a deduction of up to 20 percent of qualified business income (QBI) from a domestic … Continue reading Maximizing Deductions – Qualified Business Income (QBI) – LNK Tax Group
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