The qualified business income deduction was created by the 2017 tax cuts and jobs act and allows non-corporate taxpayers to deduct up to 20 percent of their QBI, plus 20% of qualified real estate investment trust (REIT) dividends and qualified publicly traded partnership (PTP) income. It was effective for the 2018 tax year. QBI is available for businesses and for rental activities that qualify as a business. This course explains the details behind taking a deduction for rental activities.

The video CPA's targeted tax training also offers personal and group coaching as a supplement to its lessons. Coaching helps you to prepare more quickly and completely to be a tax preparation professional. Few schools are offering to coach. Coaching and our video approach distinguish our school from others and make our classes more interesting and valuable.

A student can complete our courses with or without coaching, but we believe that being able to interact with a tax professional during a course or after taking a course is an invaluable learning experience. There is an additional fee for this product but we hope you agree that it is worth it.