Determine whether the following taxpayers are eligible for the QBI deduction and the deduction amount (if any) Aretha is a married taxpayer filing jointly and a shareholder in Soul Corporation (not an S corporation). She owns 10% of the outstanding stock and the corporation generates $700,000 of taxable income from its business operations and distributes a $70,000 dividend to Aretha. Her total taxable income before the QBI deduction is $92,000. Is Aretha eligible for QBI deduction? Answer yes or no If eligible, how much is the QBI deduction amount?