Dear Ms$.$ Smith:

This letter is in response to your request concerning your estimated Federal taxable income for $2019.$

Based on the $2019$ estimates you provided to us$,$ we have determined that your estimated net business income would be

$.$ This results in self$-$employment taxes of

$.$ Your deduction for qualified business income, after considering your carryover loss from last year, would be

$.$ Therefore, your estimated taxable income would be

If I can be of further assistance to you in this matter, please do not hesitate to contact me$.$