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Nicole is a sole proprietor who does not itemize deductions. She has business income of $150,000, deductible business expenses of $25,000, and interest income of
Nicole is a sole proprietor who does not itemize deductions. She has business income of $150,000, deductible business expenses of $25,000, and interest income of $5,000 from her business accounts. What is her QBI? Explain
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QBI stands for Qualified Business Income Under the Tax Cuts and Jobs Act the QBI deduction allows a ...
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Income Tax Fundamentals 2013
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
31st Edition
1111972516, 978-1285586618, 1285586611, 978-1285613109, 978-1111972516
