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Tammy has$ 200,000 of QBI from her neighborhood clothing store (a sole proprietorship). Her proprietorship paid $ 30,000 in W-2 wages and has$ 20,000 of
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Tammy has$ 200,000 of QBI from her neighborhood clothing store (a sole proprietorship). Her proprietorship paid $ 30,000 in W-2 wages and has$ 20,000 of qualified property. Tammy's spouse earned $ 50,000 of wages as an employee, they earned $ 20,000 of interest income during the year, and they will be filing jointly. What is their QBI deduction for 2020?
| a. | $-0-. |
| b. | $40,000. |
| C. | $50,000. |
| d. | $54,000. |
| e. | None of these. |
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