Question: 3 7 . LO . 1 Suzanne, a single taxpayer, operates a printing business as a sole proprietor. The business has two employees who are

37. LO.1 Suzanne, a single taxpayer, operates a printing business as a sole proprietor. The business has two employees who are paid a total of $90,000 during 2024
Assume that the business has no significant assets. During 2024, the business gener- ates $150,000 of income and Suzannes taxable income before the QBI deduction is $155,000.
a. What is Suzannes qualified business income deduction?
b. What is Suzannes qualified business income deduction if the facts are the same except that the business income is $250,000 and Suzannes taxable income before the QBI deduction is $270,000?

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