TB : limitations MFJ 315k ,all others 157,500

Joe, MFJ, operates a candy store as a sole proprietor, the business has no employees (Joe

provides all the services to customers). During 2018, the net income of Joe's business amount

to $210,000. Joe 's AGI $274,000 which includes wages earned by his spouse but no other

income. He and Maria (spouse) claim the STD $24,000

What is Joe modified taxable income?

how much is Joe's qualified business income deduction?

What is Joe's taxable income?

Now, Assumed that Joe is Single and does not itemize and operates a sole proprietorship.

Joe's business generate 140,000 business income and $40,000 deductible business expense, and

2,000 of interest income from his business deposits. Joe's AGI is 102,000

What is sam Qualified Business Income ?What is his modified taxable income? what is Joe

qualified business income deduction? what is Joe taxable income?