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Evan, a single individual, operates a service business that earned $110,000 in 2018. The business has no tangible property and paid no W-2 wages. Compute
Evan, a single individual, operates a service business that earned $110,000 in 2018. The business has no tangible property and paid no W-2 wages.
- Compute Evan's QBI deduction, assuming his overall taxable income before QBI is $125,000.
- Compute Evan's QBI deduction, assuming his overall taxable income before QBI is $165,000.
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Financial Accounting Tools For Business Decision-Making
Authors: Paul D. Kimmel, Jerry J. Weygandt, Donald E. Kieso
2nd Canadian Edition
0470833378, 978-0470833377
