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QBI. Suzanne a single taxpayer operates a printing business as a sole proprietor. The business has two employees who are paid a total of $90,000
QBI. Suzanne a single taxpayer operates a printing business as a sole proprietor. The business has two employees who are paid a total of $90,000 during 2020. The business owns no property. Which of the following is true? Select one or more: a. If the business generated $250,000 of income and Suzanne's taxable income before the QBI deduction is $270,000 Suzanne's QBI is $50,000. b. If he business generated $150,000 of income and Suzanne's taxable income before the QBI deduction is $155,000. (Assume the amounts are net of adjustments). The QBI deduction is $30,000 c. If he business generated $150,000 of income and Suzanne's taxable income before the QBI deduction is $155,000. (Assume the amounts are net of adjustments). The QBI deduction is $31,000 d. If the business generated $250,000 of income and Suzanne's taxable income before the QBI deduction is $270,000 Suzanne's QBI is $45,000
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