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Tim, a single taxpayer, operates a business as a single-member LLC. In 2022, his LLC reports business income of $433,500 and business deductions of $758,625,

Tim, a single taxpayer, operates a business as a single-member LLC. In 2022, his LLC reports business income of $433,500 and business deductions of $758,625, resulting in a loss of $325,125. What are ...

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