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Problem 15-35 (LO. 3,4) Kyra, a single taxpayer, owns and operates a bakery (as a sole proprietorship). The business is not a specified services busines5.

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Problem 15-35 (LO. 3,4) Kyra, a single taxpayer, owns and operates a bakery (as a sole proprietorship). The business is not a "specified services" busines5. In 2022, the business pays $60,000 of W2 wages, has $150,000 of qualified property, and generates $200,000 of qualified business income. Kyra also has a part-bime job eaming wages of $11,500 and receives $3,450 of interest income. Her standard deduction is $12,950. Assume the QBI amount is net of the self-employment tax deduction. What is Kyra's tentative QBI based on the W-2 Wages/Capital Investment Limit? Determine Kyra's allowable QBI deduction

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