Question
in 20 19, Krystal has taxable income before the QBI deduction of $274,000. Krystal is single and has income from her law firm (a sole
in 2019, Krystal has taxable income before the QBI deduction of $274,000. Krystal is single and has income from her law firm (a sole proprietorship operating as an LLC) of $200,000. Her law firm paid wages of $82,000 and has qualified property of $20,000. What is Krystals QBI deduction under Section199A?
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Financial Reporting Financial Statement Analysis And Valuation A Strategic Perspective
Authors: Clyde P. Stickney, Paul Brown, James M. Wahlen
6th Edition
0324302959, 9780324302950
