What is the basic deduction calculation for the qualifying business income deduction? a. 30% Qualifying business
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What is the basic deduction calculation for the qualifying business income deduction?
a. 30% × Qualifying business income (QBI)
b. 20% × W–2 wages
c. 20% × Qualifying business income (QBI)
d. 30% × W–2 wages
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Related Book For
South Western Federal Taxation 2020 Corporations, Partnerships, Estates And Trusts
ISBN: 9780357109168
43rd Edition
Authors: William A. Raabe, James C. Young, William H. Hoffman, Annette Nellen, David M. Maloney
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