Where is the deduction for qualifying business income (QBI) applied in the individual tax formula? a. As

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Where is the deduction for qualifying business income (QBI) applied in the individual tax formula?

a. As an adjustment to arrive at adjusted gross income

b. As an itemized deduction

c. As an alternative to the standard deduction

d. As a deduction from adjusted gross income separate from the standard deduction and itemized deductions

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South-Western Federal Taxation 2020 Essentials Of Taxation Individuals And Business Entities

ISBN: 9780357109175

23rd Edition

Authors: Annette Nellen, James C. Young, William A. Raabe, David M. Maloney

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Question Posted: Dec 30, 2019 06:13 AM

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Where is the deduction for qualifying business income (QBI) applied in the individual tax formula? a. As

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South-Western Federal Taxation 2020 Essentials Of Taxation Individuals And Business Entities

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