Showing posts with the label deduction

Qualified Business Income Deduction Form 1040

The Form 1040 Instructions and Publication 535 provide worksheets to compute the deduction. Only items included in tax…

What Is Form 8995 Qualified Business Income Deduction

The QBI component can result from a sole proprietorship partnership S corporation trust or estate. Form 8995 is the si…

Independent Contractor Mileage Tax Deduction

Can I claim the mileage on my car from the time we pick up the customer car until we drop. You deduct one-half of that…