Tammy has $200,000 of QBI from her neighborhood clothing store (a sole proprietorship).Tammy's proprietorship paid $30,000 in

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Tammy has $200,000 of QBI from her neighborhood clothing store (a sole proprietorship).Tammy's proprietorship paid $30,000 in W-2 wages and has $20,000 of qualified property. Tammy's spouse earned $50,000 of wages as an employee of another company and they jointly earned $20,000 of interest income during the year. They will be filing jointly. What is their QBI deduction for 2018?

Related Book For answer-question

South Western Federal Taxation 2020 Corporations, Partnerships, Estates and Trusts

ISBN: 9780357109168

43rd edition

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

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Posted Date: Feb 17, 2019 11:50 PM

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Tammy has $200,000 of QBI from her neighborhood clothing store (a sole proprietorship).Tammy's proprietorship paid $30,000 in

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Given details Tammy and his wife MFJ Married Filing Jointly Qualified Business Income QBI 200000 W2 ... View the full answer

South Western Federal Taxation 2020 Corporations, Partnerships, Estates and Trusts

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