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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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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