Shelly has $200,000 of QBI from her local jewelry store (a sole proprietorship). Shelly's proprietorship paid $30,000 in W-2 wages and has $20,000 of qualified property. Shelly's spouse earned $74,800 of wages as an employee, they earned $20,000 of interest income during the year, and they will be filing jointly and using the standard deduction. Assume the QBI amount is net of the self-employment tax deduction. What is their QBI deduction for 2020? $ Donald (a married taxpayer filing jointly) owns a wide variety of commercial rental properties held in a single member LLC. Donald's LLC reports rental income of $1,500,000. The LLC pays no W-2 wages; rather, it pays a management fee to an S corporation Donald controls. The management company pays W-2 wages but reports no income (or loss). Donald's total unadjusted basis of the commercial rental property is $10,000,000. Donald's taxable income before the QBI deduction (and his modified taxable income) is $2,000,000. What is Donald's QBI deduction for 2020? $ Tammy, a single taxpayer, has a part-time job at BigCo, a company in which she has no ownership interest. In addition, she owns and operates LittleCo, a sole proprietorship that is a qualified trade or business. Tammy is paid wages of $40,000 by Big Co and has $100,000 in qualified business income from LittleCo. She has no other items of income or loss and $25,000 of itemized deductions. Assume the QBI amount is net of the self-employment tax deduction. What is her qualified business income deduction for 2020