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tried to do it thru formula but 4937 option is not there Question 29 of 75. Nema is self-employed as a blogger. He will use
tried to do it thru formula but 4937 option is not there
Question 29 of 75. Nema is self-employed as a blogger. He will use the single filing status, and he has net business income of $26,559. The deductible part of his self-employment tax is $1,876. His taxable income, without regard to any amount he may be eligible to deduct for the qualified business 12 income (QBI) deduction, is $11,733. He did not have any employees nor any assets or property to depreciate. Nema is eligible to receive a QBI deduction of 50 $2,347 QBJ Peduetin - (eetbus. Incon- Decuche) $5,312 in 2% $5,687 =($26,5591876)20 Mark for follow up Step by Step Solution
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