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LeKecia has AGI of $68,854 for 2020. The following items are not Salary Income $45.000 Interest Income $350 Dividend Income (all qualified) $1,200 Business Income

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LeKecia has AGI of $68,854 for 2020. The following items are not Salary Income $45.000 Interest Income $350 Dividend Income (all qualified) $1,200 Business Income from Schedule $24,000 for-AGI deduction for one-half of $1,696 self-employment tax Lekecia is single and has itemized deductions of $8,450 for the year. What is her Qualified Business Income Deduction for the year? Which of the following statements concerning the Qualified Business com O Accounting is a Specified Service Trade or Business O All rental activities are ineligible for the deduction O Qualified business income may include dividends from a corporation Lucy, age 15, eamed $3,200 of wages and 5800 ot interest in 2020. She dependent of her parents. She uses the Standard Deduction and did not charity. What is her taxable income for the year? $3,650 $450 O $0 $2,900 O $4,000

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