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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
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 $225,000. QBI deduction < Required A Required B > 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 < Required A Required B >
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