Quote:
Originally Posted by onwebcam
Something no one has mentioned in this thread and also wasn't mentioned in the article which pertains to many here I'd say is the 20% QBI pass-through deduction for self-employed/small business owners..
#ThanksObama #OrangeManBad
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Why don't you say something about it then. Or is that all you have to say about it ?
If you are loosing money on a pass through biz, it is deductible at 20% the following year.
I don't loose money on any entity. No help. AGI only, no SS reductions.
So I subsidize those of you who don't know how to make money. Rewarding continuous bad behavior year over year.
What's more to know outside of landlords llc's who contract work out (no employee's) and large holdings doing very very well with this.
Plenty of room for spoofing the system even more they way it is structured.
I thought we were suppose to be filing on a postcard now ? What happened to that ?