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The tentative Qualified business income deduction of a sole-proprietor s calculated as:20% X Net Schedule C income Net Schedule C income minus the self-employment tax
The tentative Qualified business income deduction of a sole-proprietor s calculated as:20% X
Net Schedule C income
Net Schedule C income minus the self-employment tax
Net Schedule C income minus 1/2 of the SE tax
taxable income
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Managerial Accounting Tools For Business Decision Making
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso, Ibrahim M. Aly
5th Canadian Edition
