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Calculate the taxpayer's 2019 qualifying business income deduction for a qualified trade or business. Filing status: Single Taxable income: $100,000 Net capital gains: $0 Qualified
Calculate the taxpayer's 2019 qualifying business income deduction for a qualified trade or business. Filing status: Single Taxable income: $100,000 Net capital gains: $0 Qualified business income (QBI): $30,000 W-2 wages: $10,000 $6,000 $5,000 $70,000 $20,000
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