• 0 Posts
  • 6 Comments
Joined 2 years ago
cake
Cake day: June 25th, 2023

help-circle

  • This is normally referred to as the “qualified business income” or QBI deduction. Not sure why they used “pass through deduction” here. Because that terminology is easily confused with a different tax break that some states enable called a “pass through entity tax” which lets a business owner pay state income tax from their business and deduct that amount on their (personal) federal return.