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April 8, 2023
Question

I have a Schedule C in 2022. The program is allowing a QBI deduction. Isn't this deduction based on wages paid by your business?

  • April 8, 2023
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1 reply

April 8, 2023

The QBI deduction is based on total income which includes self-employed and wages.

 

Please see this TurboTax help article about the Qualified Business Income deduction.

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