QUESTION 8 Assuming a taxpayer is subject to all limitations on their QBI deduction, which of the following is NOT a relevant piece of data? Income from qualified businesses Wages paid to employees Unadjusted basis of qualified property Total itemized deductions of the taxpayer QUESTION 9 During 2020, Taxpayer has net long term capital gain of $5,000 and net short term capital loss of $3,000). Taxpayer has a capital loss carryforward from 2019 of 5(10,000). What amount of capital gain or loss will taxpayer recognize on their 2020 tax return? $13.000) $18,000) 55.000 $2.000 QUESTION 10 An overriding royalty interest must be carved out of a working interest. True False QUESTION 11 Type here to search E AI