Eric, who is single, has income from his Schedule C of $150,000. His taxable income is $120,000
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Eric, who is single, has income from his Schedule C of $150,000. His taxable income is $120,000 after his other deductions. What is Eric’s QBI deduction for 2019?
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The 20 deduction is from AGI so this deduction does not affect any ...View the full answer
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Related Book For
Fundamentals Of Taxation 2020 Edition
ISBN: 9781260483147
13th Edition
Authors: Ana Cruz, Michael Deschamps, Frederick Niswander, Debra Prendergast, Dan Schisler
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