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Evie, a single taxpayer, is a 50% partner in a parTnership. The partnership reports $100,000 of ordinary business income and no separately stated items. Evie
Evie, a single taxpayer, is a 50% partner in a parTnership. The partnership reports $100,000 of ordinary business income and no separately stated items. Evie also has $30,000 of taxable income and takes a $12,000 standard deduction. Evie will be allowed a Qualified business deduction of:
A. $20,000
b. $50,000
c. $13,600
d. $10,000
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