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1. Jose purchased a vehicle for business and personal use. In 2019, he used the vehicle 17,500 miles (80% of total) for business and calculated

1. Jose purchased a vehicle for business and personal use. In 2019, he used the vehicle 17,500 miles (80% of total) for business and calculated his vehicle expenses using the standard mileage rate (mileage was incurred ratably throughout the year). He paid $1,600 in interest and $155 in property taxes on the car.

Required:

Calculate the total business deduction related to the car:

Schedule C:

Schedule A:

2.

Jordan took a business trip from New York to Denver. She spent two days in travel, conducted business for nine days, and visited friends for five days. She incurred the following expenses:

Airfare $ 400
Lodging 2,000
Meals 500
Entertainment of clients 400

Required:

How much of these expenses can Jordan deduct? (Do not round intermediate calculations. Round your final answer to the nearest whole dollar value.)

Deduction:

3.

Eric, who is single, has income from his Schedule C of $112,500. His taxable income is $90,000 after his other deductions.

Required:

What is Erics QBI deduction for 2019?

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