Question
Hanna, a single taxpayer, has $130,000 of business income from her engineering firm that she operates as an LLC. She has $20,000 of employee wages,
Hanna, a single taxpayer, has $130,000 of business income from her engineering firm that she operates as an LLC. She has $20,000 of employee wages, $60,000 of qualified property, and $140,000 of taxable income before the deduction for qualified business income (QBI). How much is Hanna's QBI deduction?
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ERP Digital License Management Audit And Compliance
Authors: Gangesh Thakur, Jay Kalaimani
1st Edition
1799104079, 978-1799104070
