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Shelly has $225,000 of QBI from her work as a CPA (a specified service sole proprietorship). Shellys proprietorship paid $20,000 in W2 wages and has
Shelly has $225,000 of QBI from her work as a CPA (a specified service sole proprietorship). Shellys proprietorship paid $20,000 in W2 wages and has $15,000 of qualified property. Shellys spouse earned $250,000 of wages as an employee, and they will be filing jointly and using the standard deduction. Their modified taxable income is $451,000. What is their QBI deduction for 2018?
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