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Keiji Jones is the owner of a small retail business operated as a sole proprietorship. During 2 0 2 2 , his business recorded the

Keiji Jones is the owner of a small retail business operated as a sole proprietorship. During 2022, his business recorded the following
items of income and expense:
Required:
a. Compute taxable income attributable to the sole proprietorship by completing Schedule C to be included in Keiji's 2022 Form 1040.
b. Compute self-employment tax payable on the earnings of Keiji's sole proprietorship by completing a 2022 Schedule SE, Form 1040.
c. Assume that Keiji's business is not a service business, and that it has $155,000 unadjusted basis in tangible depreciable property.
Calculate Keiji's 2022 QBI deduction, before any overall taxable income limitation.
Complete this question by entering your answers in the tabs below.
Assume that Keiji's business is not a service business, and that it has $155,000 unadjusted basis in tangible depreciable
property. Calculate Keiji's 2022 QBI deduction, before any overall taxable income limitation.
Note: Round your intermediate computations and final answers to the nearest whole dollar value.
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