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A taxpayer believes they are entitled to a Qualified Business Income (QBI) deduction based on...

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Accounting

A taxpayer believes they are entitled to a Qualified Business Income (QBI) deduction based on their Schedule E rental properties. The taxpayer is
Married Filing Jointly and their AGI for TY2023 is $300,000.
Is this scenario accurate regarding the QBI deduction?
If there were 100 hours of services performed on the property during the tax year, the rental may qualify for the QBI deduction.
A taxpayer believes they are entitled to a Qualified Business Income (QBI) deduction based on their Schedule E rental properties. The taxpayer is
Married Filing Jointly and their AGI for TY2023 is $300,000.
Is this scenario accurate regarding the QBI deduction?
If there were 100 hours of services performed on the property during the tax year, the rental may qualify for the QBI deduction.
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