Dingman, Brian M.
Statutory employees and the QBI deduction
The article discusses the U.S. government's Tax Cuts and Jobs Act's qualified business income (QBI) deduction for statutory employees. QBI can reportedly be claimed by taxpayers who do not perform services as an employee. Topics include the definitions of statutory employee, taxable income, and the Internal Revenue Service's advice on QBI.
Statutory employees and the QBI deduction
The article discusses the U.S. government's Tax Cuts and Jobs Act's qualified business income (QBI) deduction for statutory employees. QBI can reportedly be claimed by taxpayers who do not perform services as an employee. Topics include the definitions of statutory employee, taxable income, and the Internal Revenue Service's advice on QBI.