who can claim QBI deduction for 2020 – The Burns Firm – Advisors of Complex Financial Matters

Can You Claim the QBI Deduction for 2020?

March 4th, 2021|Categories: Accounting, Burns Firm, Business, Services, Tax, Tax Credits, Tax Cuts, Tax Deductions, Tax Planning, Tax Preparation, Tax Return|Tags: accounting firm near me, can i claim QBI deduction, can I claim QBI on my business tax return, CPA Dallas, cpa near me, Dallas CPA, QBI, Tax planning, The Burns Firm, who can claim QBI deduction for 2020|

For tax years beginning in 2020, you can potentially claim a personal federal income tax deduction for up to 20% of qualified business income (QBI) from a so-called "pass-through" business, [...]