erty and paid no W
Chapter15: Taxing Business Income
Section: Chapter Questions
Problem 34P
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Question
Evan, a single individual, operates a service business that earned $110,000 (after all applicable deductions) in 2021. The business has no tangible property and paid no W-2 wages.
Required:
b. Compute Evan's QBI deduction, assuming his overall taxable income before QBI is $175,000.
** Only need Requirement B, The answer is NOT 17,556 or 0
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