Thank you for helping me with this question. Jack and Mary, a married couple, report taxable income of $280,000, which includes $200,000 from Jack's solely owned S corporation. The S corporation paid wages of $100,000 to employees (which does not include his salary). No acquisitions of depreciable property were made during the year. Calculate the couple's QBI deduction.

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Q: hat is Thad's qualified business income deduction?

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