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May 21, 2020
Question

199A qbi deduction

  • May 21, 2020
  • 1 reply
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the Qualified business deduction for rentals came off my federal taxes but did not alter my state taxes for California. Why?

 

    1 reply

    May 22, 2020

    The 20% QBI deduction is only a federal deduction for those that qualify. California does not conform to Section 199A, and therefore the 20-percent QBI deduction cannot be taken against California income.

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