Taxpayers who have taxable income that is connected to the following types of businesses may qualify for QBI:

• Sole proprietorship
• Partnership (as a partner)
• S corporation (as a shareholder)
• Trust or estate (as a beneficiary)
• Farms
• Certain rental properties

Income from a specified service trade or business may also qualify if it is below a certain threshold.  

Return to Taxing Subjects frequently asked questions.

Related FAQs:

• What is the Qualified Business Income Deduction?
• How is QBI determined?
• What is a specified service trade or business?
• What is the taxable income QBI threshold for 2020?
• What is the taxable income QBI threshold for 2019?
• What is the taxable income QBI threshold for 2018?
• What is the QBI rental real estate safe harbor rule?