$*****$

Significant QBI, Potential for Credit

Wages: Sarah $($$$52,000),$ William $($$$28,000)$

Qualified Business Income: William $($$$65,000)$

Itemized Deductions: $$26,000($include student loan interest$)$

Allowable deduction for self$-$employment tax: $$5,100$

Calculate AGI and taxable income. Do they potentially qualify for an education credit?

$***$This question already posted and received correct answer. Kindly Don't answer this question again. If you answer i will give $19$ dislikes.$****$