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Christie, a single taxpayer, is self-employed in a specified services business. Her business reports QBI of $250,000. The business total W-2 wages of $90,000, and
Christie, a single taxpayer, is self-employed in a specified services business. Her business reports QBI of $250,000. The business total W-2 wages of $90,000, and the total unadjusted basis of property held by the business is $20,000. Christies taxable income, before the QBI deduction, is $210,100 (this is also her modified taxable income). Required: What is Christies QBI deduction for 2023? Answer text Question 6 Rich text editor
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