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Robin, Monica, and Rose have a partnership that is a qualified business. In the partnership agreement, each partner has a one-third share in income and

Robin, Monica, and Rose have a partnership that is a qualified business. In the partnership agreement, each partner has a one-third share in income and expenses. The partnership generated qualified business income (QBI) of $150,000, paid total W-2 wages of $120,000, and purchased qualified property with an unadjusted basis of $60,000. There are no special allocations to partners. What is Robin’s allocable share of QBI, W-2 wages, and qualified property, respectively? 

A.QBI $150,000 W-2 Wages $120,000 Qualified Property $60,000  

B.QBI $50,000  W-2 Wages $40,000   Qualified Property $20,000  

C.QBI $50,000   W-2 Wages $40,000  Qualified Property $60,000  

D.QBI $450,000 W-2 Wages $360,000 Qualified Property $180,000

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