QBI qualification

Can a sole proprietor that sells vitamins or promotional products qualify for QBI?

How about someone who rents out their commercial property?

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Intuit Community Champion

monicac, you should do some research on QBI if you are preparing taxes for clients that might qualify for the deduction. Here is a starting point:

Level 15

Yes, assuming both activities rise to the level of a trade or business.

Which is determined by the facts & circumstances.

HumanKind... Be Both

Answer

Intuit Community Champion

monicac, you should do some research on QBI if you are preparing taxes for clients that might qualify for the deduction. Here is a starting point:

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