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Problem 15-45 (LO 15-3) (Algo) [The following information applies to the questions displayed below.] Kiyara (single) is a 50 percent shareholder of Guardian Corporation (an

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Problem 15-45 (LO 15-3) (Algo) [The following information applies to the questions displayed below.] Kiyara (single) is a 50 percent shareholder of Guardian Corporation (an S Corporation). Klyara does not do any work for Guardian Corporation. Guardian Corporation reported $316,000 of business income for the year (2022). Before considering her business income allocation from Guardian Corporation and the self-employment tax deduction (if any). Klyara's adjusted gross income was $266,000 (all employee salary). Klyara has $40,800 in itemized deductions. Answer the following questions for Klyara. Note: Leave no answer blank. Enter zero if applicable. Problem 15-45 Part b (Algo) b. Assuming the income allocated to Klyara is qualified business income, what is Kiyara's deduction for qualified business income? Assume Kiyara's share of wages paid by Guardian Corporation is $54,000 and her share in the unadjusted basis of qualified property used by Guardlan was $208.000. Problem 15-45 (LO 15-3) (Algo) [The following information applies to the questions displayed below.] Kiyara (single) is a 50 percent shareholder of Guardian Corporation (an S Corporation). Klyara does not do any work for Guardian Corporation. Guardian Corporation reported $316,000 of business income for the year (2022). Before considering her business income allocation from Guardian Corporation and the self-employment tax deduction (if any). Klyara's adjusted gross income was $266,000 (all employee salary). Klyara has $40,800 in itemized deductions. Answer the following questions for Klyara. Note: Leave no answer blank. Enter zero if applicable. Problem 15-45 Part b (Algo) b. Assuming the income allocated to Klyara is qualified business income, what is Kiyara's deduction for qualified business income? Assume Kiyara's share of wages paid by Guardian Corporation is $54,000 and her share in the unadjusted basis of qualified property used by Guardlan was $208.000

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