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? Question 17 5 pts Ellie (a single taxpayer) is the owner of ABC, LLC. The LLC (a sole proprietorship) reports QBI of S900,000 and
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Question 17 5 pts Ellie (a single taxpayer) is the owner of ABC, LLC. The LLC (a sole proprietorship) reports QBI of S900,000 and is not a specified services business. ABC paid total W-2 wages of $300,000, and the total unadjusted basis of property held by ABC is $30,000, Ellie's taxable income before the QBI deduction is $740,000 (this is also her modified taxable income). What is Ellie's QB1 deduction for 2021? S148,000. O $75,750 O $150.000 O $180,000 Step by Step Solution
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