Susanna is single with taxable income in 2018 of $185,000 of which $130,000 is attributable to her

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Susanna is single with taxable income in 2018 of $185,000 of which $130,000 is attributable to her consulting sole proprietorship. She paid W-2 wages of $60,000 to her employees. Compute her qualified business income deduction.

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Taxation For Decision Makers 2019

ISBN: 9781119497288

9th Edition

Authors: Shirley Dennis Escoffier, Karen A. Fortin

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Question Posted: Apr 17, 2019 08:09 AM

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Susanna is single with taxable income in 2018 of $185,000 of which $130,000 is attributable to her

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11700 Because her taxable income exceeds the 157500 threshold by 27500 55 27500 excess above ...View the full answer

Taxation For Decision Makers 2019

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