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4 5 Nicole is a sole proprietor who does not itemize deductions. She has business income of $150,000, deductible business expenses of $25,000, and interest
4 5 Nicole is a sole proprietor who does not itemize deductions. She has business income of $150,000, deductible business expenses of $25,000, and interest income of $5,000 from her business accounts. What is her QBI? a. $145,000 b. $155,000 c. $0 d. $125,000 e. $150,000
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