Chitra is self -employed as a life coach. She will use the single filing status, and she has net business income of $61,351. The deductible part of her self-employment tax is $4,342. Her taxable income, without regard to any amount she may be eligible to deduct for the qualified business income deduction, is $52,542. She did not have nay employees nor any assets or property to depreciate. Chitra is elgible to receive a qualified business income(QBI) deduction of: