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Old 02-07-2019, 03:49 PM
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TomCopeland TomCopeland is offline
Business Author/Trainer
Join Date: Jun 2010
Location: St. Paul, Minnesota
Posts: 2,974
Default Qualified Business Income Deduction

Originally Posted by tenderhearts View Post
Do daycares qualify for this deduction? No one I have talked to talked to me about this except for the last guy just curious.
Yes! This is a big deal. You'll be able to reduce your federal taxable income by the lower of your business profit and your family's taxable income. I'll be writing about this on my blog next week.
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