Question
Natasha and Oleg are married and file a joint return for 2022. They earned $5,000 of wages and $75,000 of net business income from Natasha's
Natasha and Oleg are married and file a joint return for 2022. They earned $5,000 of wages and $75,000 of net business income from Natasha's sole proprietorship. Their AGI is $66,701 because of their for-AGI deductions for one-half of self-employment taxes in the amount of $5,299 and $8,000 for Self-Employed Health Insurance. They use the Standard Deduction for the year. What is their Qualified Business Income deduction for the year?
$8,160
$13,340
$15,000
$12,340
Natasha and Oleg are married and file a joint return for 2022. They earned $50,000 of wages and $30,000 of net business income from Natasha's sole proprietorship. Their AGI is $77,881 because of their for-AGI deduction for one-half of self-employment taxes in the amount of $2,119. They use the Standard Deduction for the year. What is their Qualified Business Income deduction for the year?
Group of answer choices
$5,576
$6,000
$10,396
$15,576
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