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Scott and Laura are married and will file a joint tax return. Scott has a sole proprietorship ( not a specified services business ) that

Scott and Laura are married and will file a joint tax return. Scott has a sole proprietorship (not a "specified services" business) that
generates qualified business income of $300,000. The proprietorship pays W-2 wages of $40,000 and holds qualified property with an
unadjusted basis of $10,000. Laura is employed by a local school district. Their taxable income before the QBI deduction is $424,200(this
is also their modified taxable income).
a. Determine Scott and Laura's QBI deduction, taxable income, and tax liability for 2023.
QBI deduction
$
Taxable income
$
Tax liability
$
b. After providing you with the original information in the problem, Scott finds out that he will be receiving a $6,000 bonus in December
2023(increasing their taxable income before the QBI deduction by this amount). Redetermine Scott and Laura's QBI deduction, taxable
income, and tax liability for 2023.
QBI deduction
$
Taxable income
$
Tax liability
$
c. What is the marginal tax rate on Scott's bonus? Enter the percent to one decimal place.
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