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Calculate the QBI deductions for Ned who is filing single. His taable income before any QBI deuction is $160,600. He isnot engaged in an SSTB.

Calculate the QBI deductions for Ned who is filing single. His taable income before any QBI deuction is $160,600. He isnot engaged in an SSTB. His QBi is $60,000. He did not have any capial gains. He had $15,000 of qualified wages an $35,000 of qulified property.

a,$4,625 B. $7,500 C. $12,000 or D.$32,120

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