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What types of business income qualify for the QBI deduction?

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.  

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