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calculate the QBI deduction for Ned, who is filing single. His taxable income before any QBI deduction is $ 1 7 0 , 0 5

calculate the QBI deduction for Ned, who is filing single. His taxable income before any QBI deduction is $170,050. He is not engaged in an SSTB. His QBI is $60,000. He did not have any capital gains. He had 15,000 of qualified wages and $35,000 of qualifying property.

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