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Tanuja Singh is a CPA and operates her own accounting firm ( Singh CPA, LLC ) . As a single - member LLC , she

   Tanuja Singh is a CPA and operates her own accounting firm (Singh CPA, LLC). As a single-member LLC, she reports her accounting firm operations as a sole proprietor. In 2023, Tanuja has QBI from her accounting firm of $760,000, reports W-2 wages of $173,000, and the unadjusted basis of property used in the LLC is $675,000. Tanuja is married and will file a joint tax return with her spouse. Their taxable income before the QBI deduction is $965,000, and their modified taxable income is $848,000. What is Tanuja's QBI deduction for 2023? 
  

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