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QUESTION 18 Max (single taxpayer) is the owner of Pack, LLC. The LLC (a sole proprietorship) reports QBI of $900,000 and is not a specified

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QUESTION 18 Max (single taxpayer) is the owner of Pack, LLC. The LLC (a sole proprietorship) reports QBI of $900,000 and is not a specified services business, Puck paid total w- 2 wages of $200,000, and the total unadjusted basis of property held by Puck is $30,000. Max'a taxable income before the QBI deduction is $740,000 (this is also her modified taxable income). What is Max's QBI deduction for 2020? a. $148,000. O b. $100,000. O c None of the above. O d. $150,000. e. $180,000. QUESTION 19 During the year, John (a self-employed management consultant) went from Milwaukee to Seattle on business, Procoding a five-day business meeting, he spent four days vacationing at the beach. Ercluding the vacation costs, his expenses for the trip are: Airfare $3,200 900 Lodging Meals 800 Entertainment 600 Presuming no reimbursement, deductible expenses are: a. $3,200 b. 53,900. O $4,500. d. $5,500. e. None of these. QUESTION 20 ve and Submit to save and submit. Click Save All Answers to save all answers. Sav MacBook Air

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