Zofia is self$-$employed, files a Schedule C$,$ and owns a qualified business for calculation of QBI. Zofia had $$86,000$ in taxable business income on Schedule C$.$ On $10/30/2023,$ Zofia sold some office equipment for $$6,000,$ which was purchased on $04/01/2020$ for a cost of $$7,500.$ The office equipment is being depreciated over seven year MACRS half$-$year convention. Zofia has no other qualified businesses. Zofia's taxable income for the income limitation is $$102,000.($Hint: it will be useful to use information from Chapter $6,$ Form $8995,$ Schedule $1,$ and Form $1040$ as a guide.$)$ Use Table $6$A$-1.$

Required:

a$.$ What is the Section $1245$ depreciation recapture $($if any$)$ on the sale of the office equipment?

b$.$ What is the self$-$employment deduction on the income from Zofia's business?

c$.$ What is Zofia's Qualified Business Income $($QBI$)$ for Form $8995?$

d$.$ What is Zofia's Qualified Business Income Deduction $($QBID$)$ for Form $8995?$

e$.$ Assuming there are no other items for Form $8995,$ what amount$($s$)$ will be entered on Line $13$ of Form $1040?$

f$.$ Assuming there are no other items for Schedule $1,$ what amount$($s$)$ will be entered on Line $8$ of Form $1040?$

g$.$ Assuming there are no other items for Schedule $1,$ what amount$($s$)$ will be entered on Line $10$a of Form $1040?$

Complete this question by entering your answers in the tabs below.

Required $A$

Required $C$

Required $D$

Required $E$

What is Zofia's Qualified Business Income $($QBI$)$ for Form $8995?$

Note: Do not round your intermediate calculations and round your answer to the nearest whole dollar.

Zofia's Qualified Business Income $($QBI$)$ for Form $8995$

$

$86,000$