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more work engagement for the year. Engagement 1 will generate $ 9 , 2 1 0 of revenue at a cost to Cameron of $
more work engagement for the year. Engagement will generate $ of revenue at a cost to Cameron of $ which deductible for AGI. In contrast, engagement will generate $ of qualified business Income QBI Which Is eliglble for the percent QBI deduction. Cameron files as a single taxpayer.
Calculate Cameron's taxable Income assuming he chooses engagement and assuming he chooses engagement Assume he has no itemized deductions.
tableDescriptionEngagement Engagement Gross income before new work engagement,$s Income from engagement,, Additional for AGl deduction,, Adjusted gross income,$ Greater of itemized deductions or standard deHing Deduction for QBI,,Taxable income,,,,
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