Exercise 15-18 (Algorithmic) (LO. 3, 4) Jason and Paula are married. They file a joint return for 2020 on which they report taxable income before the QBI deduction of $299,500. Jason operates a sole proprietorship, and Paula is a partner in the PQRS Partnership. Both are a qualified trade or business, and neither is a "specified services" business. Jason's sole proprietorship generates $174,400 of qualified business income and W-2 wages of $36,400 and has qualified property of $15,000. Paula's partnership reports a loss for the year, and her allocable share of the loss is $35,100. The partnership reports no W-2 wages, and Paula's share of the partnership's qualified property is $12,000. Assume the QBI amount is net of the self-employment tax deduction. What is their QBI deduction for the year? $ 27,100 X