Question: 5 5 . Ashley ( a single taxpayer ) is the owner of ABC, LLC . The LLC ( a sole proprietorship ) reports QBI

55. Ashley (a single taxpayer) is the owner of ABC, LLC. The LLC(a sole proprietorship) reports QBI of $900,000 and is nota specified services business. ABC paid total W-2 wages of$300,000, and the total unadjusted basis of property held by ABC is$30,000. Ashleys taxable income before the QBI deduction is$740,000(this is also her modified taxable income). What isAshleys QBI deduction for 2019?

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