Thad, a single taxpayer, has taxable income before the QBI deduction of $$196,500.$ Thad, a CPA, operates an accounting practice as a single member LLC $($which he reports as a sole proprietorship$).$ During $2024,$ his proprietorship generates qualified business income of $$157,200,$ W$2$ wages of $$117,900,$ and $$10,400$ of qualified property.

Assume the QBI amount is net of the self$-$employment tax deduction. If required, round any division to two decimal places and use that rounded amount in any future computations. Round your final answer to the nearest dollar.

Hint: There are three limitations on the QBI deduction: an overall limitation $($based on modified taxable income$),$ another that applies to high$-$income taxpayers, and a third that applies to certain types of services businesses. The second and third limitations only apply when taxable income before the QBI deduction exceeds $$383,900($married taxpayers filing a joint return$)$ or $$191,950($single and head$-$of$-$household taxpayers$).$What is Thad's qualified business income deduction?