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Jane is single and a self-employed real estate broker. She shows a $80,000 profit on schedule C after deducting $300,000 for employee salaries in 2022.
Jane is single and a self-employed real estate broker. She shows a $80,000 profit on schedule C after deducting $300,000 for employee salaries in 2022. Her taxable income before the QBI deductions is $100,000.
What is her QBI deduction for 2022?
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