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could you help me with this ? I have a qualified business income deduction form ,...

could you help me with this ?
I have a qualified business income deduction form , I have line 22 (86,200) and line 23 (100,00) . what is line 24 ? phase-in percentage? I'm trying .862 put it says wrong??
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Answer #1

Line 24 asks as follows,

Phase in percentage. Devide line 22 by 23 and it asks the answer in the format of percentage.

So you should divide 86,200 by 100,000 and then multiply with 100 you will get the figure as 86.2 and proceed to fill the form.

Happy filing.

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