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channing is self employed as a video gamer. He will use the single filing status, and he has net business income of $59,259. The deductible
channing is self employed as a video gamer. He will use the single filing status, and he has net business income of $59,259. The deductible part of his self employment tax is $4,187. His taxable income, without regard to any amount he may be eligible to deduct for the QBI deduction, is $42,522. He did not have any employees nor any asset or property to depreciate.
Channing is eligibile to receive a QBI deduction of:
$0
$8504
$11,104
$11,852
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