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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Financial Accounting
Authors: Libby, Short
6th Edition
978-0071284714, 9780077300333, 71284710, 77300335, 978-0073526881
