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or meres mtbme duing the year, and they will be tiling jointly and using the standard deduction. What is their QBl deduction for 2018 23.

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or meres mtbme duing the year, and they will be tiling jointly and using the standard deduction. What is their QBl deduction for 2018 23. LO. 3, 4 Peter Samuels owns and manages his single member LLC that provides a d will file a wide variety of financial services to his clients. He is married a joint tax return with his spouse, Amy. His LIC reports $300,000 of net income. W-2 000, and assets with an unadjusted basis of $75,000. Their taxable wages of $120.000, and assets with an unadjusted basis of s75,0 income before the QBI deduction is $285,000 (this is also their modified taxable income). Determine their QBI deduction for 2018

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