Question:

What is the QBI deduction? I've tried it myself and checked what I got and my answer was still wrong. If I am missing information please let me know. The only information I could use was from the original problem (at the bottom) to fill out a Schedule C and Schedule SE. (please help and explain how you got the answer)

Information from Schedule C and Schedule SE:

Schedule C line 7 is 203,000

Schedule C line 28 is 79,629

Schedule C line 31 is 123,371

Schedule SE line 12 is 17,432

Original Problem:

Cassi (SSN 412-34-5670) has a home cleaning business she runs as a sole proprietorship. The following are the results from business operations for the tax year 2022:

Gross receipts	$ 203,000
Business mileage: 27,000 (miles incurred ratably throughout the year) 35,000 miles total during the year 2022 Van (over 6,000 pounds) placed in service 1/01/2022, cost 27,000
Postage	(500)
Wages	(26,000)
Payroll taxes	(1,950)
Supplies	(12,500)
Phone	(1,250)
Internet service	(600)
Rent	(2,400)
Insurance	(2,800)
Van expenses	(4,500)

Business assets	Date Purchased	Cost
Computer 1	5/18/22	$ 2,200
Computer 2	6/01/22	2,700
Printer	3/01/21	900
Copier	3/02/21	2,100
Furniture	3/01/21	6,000

Required:

Determine Cassis self-employment income and QBI deduction. Prepare Schedule C and Schedule SE. 179 expense is elected on all eligible assets ( 179 was not taken on assets purchased last year). (Use Table 6A-1.)

Note: Input all the values as positive numbers. Use Rounded values for tax computation. Do not round other intermediate computations. Round your final answers to nearest whole dollar. Instructions can be found on certain cells within the forms.