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Subject Tax accounting Campbell a single taxpayer, has $400,000 of profits from her general store that she operates as a sole proprietorship. She has $100,000
Subject Tax accounting
Campbell a single taxpayer, has $400,000 of profits from her general store that she operates as a sole proprietorship. She has $100,000 of employee wages, $40,000 of qualified property, and $500,000 of taxable income before the deduction for qualified business income. How much is Campbell's deduction for qualified business income?
A) $80,000
B)$0
C) $100,000
D) 26,000
E) $50,000
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