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In 2 0 2 2 , Henry Jones ( Social Security number 1 2 3 - 4 5 - 6 7 8 9 ) works
In Henry Jones Social Security number works as a freelance driver, finding customers using various platforms like Uber and Grubhub. He is single and has no other sources of income. In Henry's qualified business income from driving is $ Assume Henry takes the standard deduction of $ Click here to access the individual tax rate schedule to use for this problem. Assume the QBI amount is net of the selfemployment tax deduction. a Compute Henry's QBI deduction and his tax liability for QBI deduction: Tax liability round to the nearest cent:
In Henry Jones Social Security number works as a freelance driver, finding customers using various platforms like Uber and Grubhub. He is single and has no other sources of income. In Henry's qualified business income from driving is $ Assume Henry takes the standard deduction of $
Click here to access the individual tax rate schedule to use for this problem.
Assume the QBI amount is net of the selfemployment tax deduction.
a Compute Henry's QBI deduction and his tax liability for
QBI deduction:
Tax liability round to the nearest cent:
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