more work engagement for the year. Engagement $1$ will generate $$9,210$ of revenue at a cost to Cameron of $$3,850,$ which $15$ deductible for AGI. In contrast, engagement $2$ will generate $$6,700$ of qualified business Income $($QBI$).$ Which Is eliglble for the $20$ percent QBI deduction. Cameron files as a single taxpayer.

Calculate Cameron's taxable Income assuming he chooses engagement $1$ and assuming he chooses engagement $2$ Assume he has no itemized deductions.

$\backslash$table$[[$Description$,$Engagement $1,$Engagement $2],[(1)$ Gross income before new work engagement,$$,128,500,$s$.,128,500],[(2)$ Income from engagement,,$9\mathrm{.}210,,6,700],[(3)$ Additional for AGl deduction,,$(3,850),,],[(4)$ Adjusted gross income,$$,133,860,5,135200],[(5)$ Greater of itemized deductions or standard de$,,,,$Hing$],[(6)$ Deduction for QBI,,$0,,1,340],[$Taxable income,,,,$]]$

Through November, Cameron has recelved gross Income of $$128,500.$ For December, Cameron is considering whether to accept one more work engagement for the year. Engagement $1$ will generate $$9,210$ of revenue at a cost to Cameron of $$3,850.$ which is deductible for AGI. In contrast, engagement $2$ will generate $$6,700$ of qualified business income $($QBI$).$ Which Is eligible for the $20$ percent QBI deduction. Cameron files as a single taxpayer

Calculate Cameron's taxable Income assuming he chooses engagement $1$ and assuming he chooses engagement $2$ Assume he has no ltemized deductions.

$\backslash$table$[[$Description$,$Engagement $1,$Engagement $2],[(1)$ Gross income before new work engagement,$$,128,500,128\mathrm{.}500],[(2)$ Income from engagement,,$6\mathrm{.}700],[(3)$ Additional for AGI deduction,,$(1\mathrm{.}1.],[(4)$ Adjusted gross income,$$,133,860,$$$,135,200$