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A business generate a certain amount of income that is classified as qualified business income (QBI) for purposes of Section 199A The taxpayer seeking to

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A business generate a certain amount of income that is classified as "qualified business income" (QBI) for purposes of Section 199A The taxpayer seeking to claim a qualified business income deduction (QBID) has taxable income as shown below The business is a service business or a non-service business as shown below In each situation, the W-2 wages paid are S60,000 and the UBIA is S500,000 REQUIRED: Complete the blanks in the table for the allowed QBID Situation QB Service Business? Taxable Income Allowed QBID $200,000 Yes $200,000 No $200,000 Yes $200,000 No S200,000 Yes $200,000 No $200,000 Yes $200,000 No $200,000 Yes $200,000No S285,000 $285,000 S325,000 S325,000 S355,000 355,000 S385,000 S385,000 S425,000 S425,000

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