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wen a single taxpayer, who does not itemize deductions and operates a business as a sole proprietor. During 2019, the net income of Owen's business
wen a single taxpayer, who does not itemize deductions and operates a business as a sole proprietor. During 2019, the net income of Owen's business generated $140,000 of business income, $40,000 of deductible business expenses, and $1,000 of interest income from his business deposits. What is the amount of Owen's QBI deduction? A. $17,760. B. $20,000. C. $20,200 D. $28,200 E. None of the amounts listed
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