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Rachel, who is single, is an accountant and practices as a sole proprietor. This year, Rachel had net business income of $150,000 from her accounting

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Rachel, who is single, is an accountant and practices as a sole proprietor. This year, Rachel had net business income of $150,000 from her accounting practice. Assume that Rachel pays $50,000 wages to her employees, has $500,000 of property (unadjusted basis), and her taxable income before the deduction for qualified business income is $300,000. Calculate Rachel's QBI Deduction

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