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ilmscore | Prediction Details
"the 20% QBI deduction. qualified business income deduction. And what it says is that normally if you make $100,000 in your business, you're going to have to pay this ordinary tax rates right here... you get to take a $20,000 write off. Why? Because that's what the tax code says. It's called QBI."
By
Minority Mindset
|
September 2, 2025
|
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From video
How To Pay So Little Taxes it Feels Like Cheating
00:23:26 - 00:24:07
Interpreted Prediction
Small businesses can claim a 20% Qualified Business Income (QBI) deduction on their profits, reducing taxable income by that amount.
Prediction Details
Topic
Qualified Business Income (QBI) Deduction
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