What Is the QBI Tax Deduction and Who Can Claim It?

Assuming that Jerry’s share of the 50% of wages, $45,000 (his share of $180,000 wages paid times 50%) is greater than 25% of wages plus 2.5% of qualified property, his potential deduction would be limited to $9,000 (20% of $45,000). This is a difference of $21,000 (the potential deduction of...