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Bill and Edna are married and file a joint tax return in 2023. What is their applicable income threshold for the 199A pass-through deduction? Select

Bill and Edna are married and file a joint tax return in 2023. What is their applicable income threshold for the 199A pass-through deduction?

Select one:

a. $464,200

b. $364,200

c. $232,100

d. $182,100

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