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Given the below information, will the taxpayer (MFJ status) owe or be entitled to a refund? -20% = 2.000 Gross Income: $98,000, including QBI
Given the below information, will the taxpayer (MFJ status) owe or be entitled to a refund? -20% = 2.000 Gross Income: $98,000, including QBI of 10,000 but no dividends or capital gains For AGI deductions: 6,000- Itemized deductions: 16,000- Tax credits: $2,000+ 98,000 Prepayments (withholdings): $6,000+ +10,000 TP1000 98,000
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