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Bob and Carol file a joint individual income tax return. Carol earns $ 6 0 , 0 0 0 in wages as an employee of

Bob and Carol file a joint individual income tax return. Carol earns $60,000 in wages as an employee of an unrelated company in 2023. Bob owns 100 percent of the shares of Roofs'RUs, an S corporation that offers roofing services. The business generates $150,000 in qualified business income in 2023 and pays Bob $200,000 in wages in 2023. They have $20,000 in net capital gains. After allowable deductions not related to the business, Bob and Carol's total taxable income for 2023 is $320,000. Carol and Bob's wages are not considered to be income from a trade or business for purposes of the 199A deduction. They have $1,000 in REIT dividends and $500 in PTP income. What is their pass-through deduction?

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