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View previous attempt 20 01:55:01 Keiko, a single taxpayer, is self-employed and files Schedule C. She has taxable income of $75,799 from a business
View previous attempt 20 01:55:01 Keiko, a single taxpayer, is self-employed and files Schedule C. She has taxable income of $75,799 from a business which qualifies as Qualified Business Income (QBI) There is no other income to be considered for the income limitation calculation for the year. On August 10, 2021 some equipment used in her business was sold for $11,500. The equipment was purchased on January 4, 2020 at a cost of $12,849. Keiko took $3,855 of allowable depreciation on the equipment. What is Keiko's QBI for 2021? eBook Multiple Choice $64,509. $69,006. $70,444. $72,950.
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