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jj the cpa here hope youamp;#39;re doing well this is vital for you to just make sure are you taking advantage of this and iamp;#39;m just going to show you how you would know if you are or not so the qualified business income deduction itamp;#39;s complicated but to really put it into a nutshell after 28 years of practicing doing taxes in the trenches i travel around the nation talking with cpas and a lot about this subject but in a nutshell you take 20 percent of your net business income and itamp;#39;s not taxable yeah could be almost that easy if your net income is a hundred thousand dollars from your business times twenty percent then thatamp;#39;s a twenty thousand dollar qualified business income deduction that means of your net income youamp;#39;re getting a at a thin air twenty thousand dollar deduction which means that of your net income of a hundred grand youamp;#39;d only be paying tax on 80 000 this is definitely worth you ensuring that it is being taken advantage o
