Question
In the current year, Janet has taxable income of 170,000 consisting of the followinf: w-2 wages 15,000. QBI -qualifying net rental income 85000. net long-term
In the current year, Janet has taxable income of 170,000 consisting of the followinf: w-2 wages 15,000. QBI -qualifying net rental income 85000. net long-term capital gain 90,000. itemized deductions 20,000. What is Janets qualified business income deduction for the year?
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Income Tax Fundamentals 2013
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
31st Edition
1111972516, 978-1285586618, 1285586611, 978-1285613109, 978-1111972516
