1. Ronnie, who is married and files jointly, is employed as a senior staff accountant at a Big 4 accounting firm. His salary for the current year is $150,000. His wife is employed as an architest at a large architectural firm. Her salary for the year $160,000. They have no other income sources and their combined taxable income for the current year (after deductions) is $280,000. Ronnie and his wife will be entitled to a qualified business income deduction of:

   		Zero.
   		$62,000.
   		$56,000.
   		$32,000.
   		None of the above.