In 2019, Meghann Carlson, a single taxpayer, reports QBI of $110,000 and modified taxable income of $78,000

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In 2019, Meghann Carlson, a single taxpayer, reports QBI of $110,000 and modified taxable income of $78,000 (this is also her taxable income before the QBI deduction). What is Meghann’s QBI deduction?

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South-Western Federal Taxation 2020 Comprehensive

ISBN: 9780357109144

43rd Edition

Authors: David M. Maloney, William A. Raabe, James C. Young, Annette Nellen, William H. Hoffman

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Question Posted: Sep 19, 2019 11:40 AM

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In 2019, Meghann Carlson, a single taxpayer, reports QBI of $110,000 and modified taxable income of $78,000

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Since Meghanns taxable income before the QBI deduction ...View the full answer

South-Western Federal Taxation 2020 Comprehensive

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