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D
ddrake1
April 17, 2022
Question

Is social security retirement included in the $329,000 self employed tax break ceiling

  • April 17, 2022
  • 1 reply
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1 reply

KrisD15
KrisD15
April 17, 2022

Which tax break is that? 

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D
ddrake1Author
April 17, 2022

Self employed get a tax break if their income is under $329,000.  I was asking if a person includes their SS in calculating if they are under that number. 

KrisD15
KrisD15
April 17, 2022

If you are referring to the Qualified Business Income (QBI) deduction (Sec. 199A), that is based on taxable income.

 

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