![]() ![]() That's good news, as it means you're not disqualified from QBI income. Independent contractor delivery and rideshare work is not a specified services trade or business. Is gig work (Doordash, Uber Eats, Instacart, Lyft, Grubhub, etc.) an SSTB? It does not reduce your income for self-employment tax purposes. On form 8995, you total up all qualified business income and multiply that by 20% (or divide by 5).Īlong with your standard or itemized deductions, QBI is deducted from adjusted gross income (AGI) to determine your taxable income. The QBI deduction is calculated on IRS form 8995.
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