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If taxable income of attorney is below threshold amount, can the QBI deduction be utilized?

par
Level 1
 
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TaxMonkey
Level 8

Yes, if a taxpayer's taxable income is below the phase out amount, the will receive QBID even from a SSTB.

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3 Comments 3
TaxMonkey
Level 8

Yes, if a taxpayer's taxable income is below the phase out amount, the will receive QBID even from a SSTB.

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ehill
Level 4
I thought an attorney was not able to do the QBI at all.
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sjrcpa
Level 15
You thought wrong.
The more I know, the more I don't know.
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