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Business qualified status should default to true. (#5298)
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Fixes #5297
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nikhilwoodruff authored Nov 4, 2024
1 parent 5641f20 commit 46c8c34
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4 changes: 4 additions & 0 deletions changelog_entry.yaml
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- bump: patch
changes:
fixed:
- Qualified business defaults to true.
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Expand Up @@ -9,3 +9,4 @@ class business_is_qualified(Variable):
documentation = "Whether all income from self-employment, partnerships and S-corporations is from qualified businesses. A qualified trade or business is any trade or business other than a specified service trade or business, or employment. The list of specified service trades can be found at https://www.law.cornell.edu/uscode/text/26/1202#e_3_A."
definition_period = YEAR
reference = "https://www.law.cornell.edu/uscode/text/26/199A#d_1"
default_value = True

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