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Margarita operates a sole proprietorship that earns $150,000 of qualified business income after deducting salaries of...

Margarita operates a sole proprietorship that earns $150,000 of qualified business income after deducting salaries of $300,000. Thesole proprietorship is not a specified service business. She files a single tax return for 2019. Assume her taxable income before the QBI deduction is $175,000. Margarita's QBI deduction for 2019 is:

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ekkarill92 answered 2 years ago
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