Limelight Performing-Arts QBI Deduction Check Kept in this browser Demo
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Is it performing arts?
The numbers
How much survives
How much of the 20% deduction a performer keeps, line by line
Is it performing arts?
Where the receipts come from: performing, distributing others' work, or renting out the studio.
 
The numbers
Year, filing, taxable income, qualified business income, wages paid and property.
 
How much survives
Each step of section 199A, the deduction, and the same figures under the other year's rules.
 
These Records
Where they are kept, and how to take them with you.