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  3. which of the following statements is true regardin

Which of the following statements is true regarding the deduction for qualified business income (QBI)?...

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Accounting

Which of the following statements is true regarding the deduction for qualified business income (QBI)?
A. The deduction changes the calculation of self-employment tax.
B. Taxable income is reduced below zero by the deduction.
C. The deduction is not limited by income or service trade or business.
D. A sole proprietor may be able to deduct up to 20% of QBI.

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