Am I Eligible For The Qualified Business Income (QBI) Deduction?

[@ruthblake4366]

As an amateur, I appreciate your ability to clarify a very complex subject. I was able to get the information I need.

[@goofyrider]

So very informative, you explained all this so profoundly clear and so easy to follow and understand the complexities of the QBI deduction, many many thanks for you investing time and energy into creating such great financial content!!🥰

[@rockymntdan1]

@ 1:50; yet another reason to eliminate all income tax and implement a sales tax.

[@wens7301]

Wow. Great walk through explanation. Thank you! Question: If the sole proprietor is UNDER the threshold amount and also listed as a "consultant" on an EIN application ...would that disqualify them from getting the QBID as a SSTB? Or despite the SSTB status would they still receive the QBID because they fall BELOW the threshold amount?

[@shortythefrenchie]

Wow, very thorough explanation! A+

[@pepecebolla69]

Which software are you using to fill out those worksheets and forms? I'm done with TurboTax because sometimes I need to change something in a form and I have to reverse-engineer what questions to answer to get it to change. Being able to edit my own forms, while still having a lot of automation, would be a godsend

[@smallbusinessmarketerfreel4885]

Confused on my own. 😂 Question? Is QBI a choice after tax deductions? Or is it one or the other (assuming I qualify)

[@jennifertamashiro3933]

This was so informative and clear! What if the situation in video had Wages, was under threshold, non STTB. How does standard deduction get 'disbursed' for estimated taxes to calculate estimated QBI?

[@abdiduale9161]

I appreciate ur expertise.

[@samweiss7717]

Like all your programs.

[@carlosmunoz9745]

Hi Alexander, first of all congratulations on your channel. Your advices were very helpful in making me an Enrolled Agent. I would like to ask you this. What can I do as an Enrolled Agent to work in the tax field during the all year. Right now I am pretty busy during tax season, but when the tax season is over I have not a regular job. What do you recommend ? What should I do ? Thanks. Carlos.

[@yuancong1882]

The best!