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Qualified AssessmentA qualified business income (QBI) ?deduction for pass-through entities is available for tax years...

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Accounting

Qualified Assessment
A qualified business income (QBI) ?deduction for pass-through entities is available for tax years beginning after December 31, 2017, ?and before January 1, 2026. ?Which of the following comments is not correct regarding the QBI deduction?
The QBID is available for pass through entities.
Specified service trades or businesses (SSTBs) ?include architecture and engineering firms.
The QBI deduction is available to taxpayers who elect the standard deduction.
D The deduction with respect to individuals or service businesses is phased out if taxpayer's taxable income exceeds the threshold amount of $241,950 / ?1183,9 ?for a joint return).
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