I do have a question about QBI the qualified business income deduction. I deliver for DoorDash and I was wondering if I can use that as a deduction
Answered by Melissa Pedigo, CPA ·
Great question! Yes, you'll be able to claim the QBI deduction while you deliver for DoorDash if your business is organized as a sole proprietorship, LLC, partnership, or S-Corp. The QBI deduction allows you to deduct up to 20% of qualifed business income. But keep in mind the QBI deduction is complex with so be sure to chat with your tax professional.