Small Business Tax Cut Act
The bill increases the QBI deduction from 20% to 23% and applies a 75% phase-in for higher incomes, includes qualified BDC interest dividends, and updates inflation timing.
The bill increases the QBI deduction from 20% to 23% and applies a 75% phase-in for higher incomes, includes qualified BDC interest dividends, and updates inflation timing.
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Bill text & amendments
The official bill text and any amendments will be posted here once available.