https://www.irs.gov/newsroom/tax-cuts-and-jobs-act-provision-11011-section-199a-qualified-business-i...Q5. What is a qualified trade or business?A5. A qualified trade or business is any trade or business, with two exceptions:Specified service trade or business (SSTB), which includes a trade or business involving the performance of services in the fields of health, law, accounting, actuarial science, performing arts, consulting, athletics, financial services, investing and investment management, trading, dealing in certain assets or any trade or business where the principal asset is the reputation or skill of one or more of its employees. This exception only applies if a taxpayer’s taxable income exceeds $315,000 for a married couple filing a joint return, or $157,500 for all other taxpayers Performing services as an employee------------------------Selling essential oils is NOT a SSTB

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Is doTerra Wellness Advocate a Specified Trade of Business for Qualified Business Income Deduction?

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December 7, 2019
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Best answer by George4Tacks

https://www.irs.gov/newsroom/tax-cuts-and-jobs-act-provision-11011-section-199a-qualified-business-i...

Q5. What is a qualified trade or business?

A5. A qualified trade or business is any trade or business, with two exceptions:

Specified service trade or business (SSTB), which includes a trade or business involving the performance of services in the fields of health, law, accounting, actuarial science, performing arts, consulting, athletics, financial services, investing and investment management, trading, dealing in certain assets or any trade or business where the principal asset is the reputation or skill of one or more of its employees. This exception only applies if a taxpayer’s taxable income exceeds $315,000 for a married couple filing a joint return, or $157,500 for all other taxpayers
Performing services as an employee

------------------------

Selling essential oils is NOT a SSTB

George4TacksAnswer

Level 15

https://www.irs.gov/newsroom/tax-cuts-and-jobs-act-provision-11011-section-199a-qualified-business-i...

Q5. What is a qualified trade or business?

A5. A qualified trade or business is any trade or business, with two exceptions:

Specified service trade or business (SSTB), which includes a trade or business involving the performance of services in the fields of health, law, accounting, actuarial science, performing arts, consulting, athletics, financial services, investing and investment management, trading, dealing in certain assets or any trade or business where the principal asset is the reputation or skill of one or more of its employees. This exception only applies if a taxpayer’s taxable income exceeds $315,000 for a married couple filing a joint return, or $157,500 for all other taxpayers
Performing services as an employee

------------------------

Selling essential oils is NOT a SSTB

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IRonMaN

Level 15

Yeah, I did my intense research by way of a Google search. Although my wife would make an argument that is a field of health since she thinks the "right" oils or combination thereof, will cure anything known to man. As a caveat, I should mention that she received her medical degree from the Minnesota School of BS.