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    Business
  3. Study Set
    Federal Taxation
  4. Exam
    Exam 9: Deductions: Employee and Self-Employed-Related Expenses
  5. Question
    Qualified Business Income QBI) Is Defined as the Ordinary Income
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Qualified Business Income QBI) Is Defined as the Ordinary Income

Question 59

Question 59

True/False

Qualified business income QBI) is defined as the ordinary income less ordinary deductions a taxpayer earns from a "qualified trade or business"

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