What is an SSTD?

Forum|Forum|1 year ago
April 9, 2025
2 replies
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I don't know what an SSTD and it won't move past this point with a continue and answer No.

xmasbaby0

Employee

Where are you seeing that?

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Vanessa A

SSTD or SSTB? An SSTB is a specified service trade or business. This has to do with Qualified Business Income Deduction. So if you entered self-employment income or in some situations a Schedule K-1, you will be asked if your business is one of these to determine if you qualify for the 20% QBI deduction.

Is my business an SSTB?

If you are seeing a SSTD, please provide more detail as to where you are seeing this?

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