Question $1$

Question $1$ of $30$

Rachel operates a sole proprietorship that eams $$200,000$ of qualified business income after deducting salaries of $$70,000.$ The sole proprietorship is not a specified service business. She files a single QBI deduction is $$235,000$ which is over the max threshold of the phase out. Rachel's QBI deduction for $2023$ is:

a$.$ $$46,000.$

b$.$ $$35,000.$

c$.$ $$-0-$

d$.$ $$30,000$

A$.$ Moving to another question will save this response.