Production Deduction

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  • Gretel
    Senior Member
    • Jun 2005
    • 4008
    #1

    Production Deduction

    It's the first time I have this and I have made myself familiar with it. I would like to have one thing confirmed. If I use the Small biz simplified overall method, than Qualified Production Activities Income and Taxable Income (just the portion that qualifies) should be the same, right?
    Tags: None
    • Gretel
      Senior Member
      • Jun 2005
      • 4008
      #2
      For those interested in the subject: I found this confirmation in the instructions.

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