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If you have 250k of cash
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CPAFarmer
Posted 8/25/2023 07:04 (#10374743 - in reply to #10374724)
Subject: RE: If you have 250k of cash


NE Ohio
Qbi is qualified business income. You get a 20% deduction on your return for net business taxable income, after a few adjustments, from s Corp, partnership and sole prop income. Does not apply to c corps.
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