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K
kkissel45
June 6, 2019
Question

"Can a self employed real estate agent with no income last year deduct expenses with the new 20% self employment deduction?

  • June 6, 2019
  • 1 reply
  • 0 views
No text available

    1 reply

    C
    Coleen3
    Employee
    June 6, 2019

    You need Qualified Business Income for the deduction.  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.

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