Enrolled Agent Exam [Part 2] 65, Section 199A QBI Deduction Overview

This podcast is made by Ran Chen, who holds an EA license, Insurance and Securities licenses (Series 6, 63, 65), and the CFP® designation. He is passionate about opening access to high-quality exam preparation resources and helping learners prepare more effectively for professional certification exams. In this episode you will learn: - The QBI deduction offers up to a 20% deduction on income from pass-through entities like sole proprietorships, S-corps, and partnerships. - For 2024, the deduction is simplest for taxpayers with taxable income below $191,950 (Single) or $383,900 (Married Filing Jointly). - Above these income thresholds, the deduction for Specified Service Trades or Businesses (SSTBs) like l...