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Harry and Susan, both age 30, are married-filing joint taxpayers. Susan is an active 50% partner in Btown Consulting, which provides financial consulting services. In

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Harry and Susan, both age 30, are married-filing joint taxpayers. Susan is an active 50% partner in Btown Consulting, which provides financial consulting services. In 2020 she received a guaranteed payment of $100,000 and cash distributions from the partnership of $50,000. Susan's share of the partnership's ordinary business income in 2020 was $175,000. Her deduction for one-half of self- employment tax was $10,000. Harry is unemployed. Harry and Susan have no other sources of income in 2020 and do not itemize deductions. What is the amount of Harry and Susan's qualified business income (QBI) deduction on their 2020 income tax return? $0 $33,000 $35.000 $53,000 $55.000 563.000 $65,000 Tch E DELL F9 F10 F11 F12 Pre Harry and Susan, both age 30, are married-filing joint taxpayers. Susan is an active 50% partner in Btown Consulting, which provides financial consulting services. In 2020 she received a guaranteed payment of $100,000 and cash distributions from the partnership of $50,000. Susan's share of the partnership's ordinary business income in 2020 was $175,000. Her deduction for one-half of self- employment tax was $10,000. Harry is unemployed. Harry and Susan have no other sources of income in 2020 and do not itemize deductions What is the amount of Harry and Susan's qualified business income (QBI) deduction on their 2020 income tax return? $0 $33,000 $35,000 $53,000 $55,000 $63.000 $65,000 Assume instead that Harry works full-time as a computer software engineer and his salary in 2020 was $190,000 What is the amount of Harry and Susan's qualified business income (QBI) deduction on their 2020 income tax return? $0 $33,000 $35,000 $53,000 $55.000 563.000 $65.000 In Question 7 above, what is the amount of Harry and Susan's taxable income on their 2020 federal income tax return? $395,200 $397.200 O $430,200 $445,200 $447.200 $480.200

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