2020 Combined Federal Campaign Messaging by …

25% of the Federal Qualified Business Income Deduction. Deduction of Federal income tax: Tax paid in 2020, including withholding; estimated 2020 tax payments (paid in 2020); and tax paid for any prior years if IA return was required for that year. Add back: Tax refunds received (including any amount applied to estimated tax for 2020). ................
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