REG CPA Practice Questions: The QBI Deduction

2K views May 3, 2024

In this video, we walk through 5 REG CPA exam practice questions on deducting charitable contributions as itemized deductions. Important Links Link to the free study training webinar mentioned in the video: https://www.superfastcpa.com/strategic-study See the full post for this video: https://www.superfastcpa.com/reg-cpa-practice-questions-explained-how-to-calculate-the-qbi-deduction/ See the other REG walkthrough videos here: https://www.superfastcpa.com/free-reg-cpa-practice-question-walkthroughs/ 00:00 Intro 00:51 Question 1: The Basic QBI Deduction 03:42 Question 2: Applying the QBI Deduction to an SSTB 05:52 Question 3: The General QBI Limitation 08:29 Question 4: Qualified Trade or Business Income Limitation When Over the Phase Out Range 11:55 Question 5: Specified Service Trade or Business Income Limitation When Over the Phase Out Range 14:47 Pillar Topics

#Business Finance
#Tax Preparation & Planning