Assertion: qbi deduction | /r/CapableOf | apply to same income
Facets:
Source sentences:
text: If nothing were done, this would allow the owners of passthrough entities to deduct the same income twice: in the 24% tax bracket, a $19,500 solo 401(k) contribution would reduce the owner’s tax by $4,680, and then the QBI deduction applied to the same income would reduce it by another $936.