Henry, a freelance driver, finds passengers using various platforms such as Uber and Grubhub. He is single
Question:
Henry, a freelance driver, finds passengers using various platforms such as Uber and Grubhub. He is single and has no other sources of income. In 2018, Henry’s net income from driving is $61,000. Compute Henry's QBI deduction and his tax liability.
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Henrys initial QBI Amount is 12200 20 QBI of 61000 He must apply the modified taxa...View the full answer
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Related Book For
South-Western Federal Taxation 2019 Comprehensive
ISBN: 9781337703017
42th Edition
Authors: David M. Maloney, William A. Raabe, William H. Hoffman, James C. Young
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