Marcia Alvarez, a single individual; has qualified trade or business income after all applicable deductions of $$280,000.$ Her business paid $$100,000$ of $W-2$ wages this year and has $$50,000$ of tangible business property.

Required:

a$.$ Compute Ms$.$ Alvarez's QBI deduction, assuming her overall taxable income before QBI is $$350,000.$

b$.$ Compute Ms$.$ Alvarez's QBI deduction, assuming her overall taxable income before QBI is $$225,000.$

Complete this question by entering your answers in the tabs below.

Required $A$

Required B

Compute Ms$.$ Alvarez's QBI deduction, assuming her overall taxable income before QBI is $$350,000.$

QBI deduction

$$73,500$