Discussion Question $9-10($LO$.6)$

Complete the following statements regarding the general rules for the QBI deduction and how is it computed.

The QBI deduction is available to

$$taxpayers$.$ It applies to the qualified business income generated through

$.$ In general, the deduction for qualified business income is the E

of:

$1.$

$2.$

$\%$ of qualified business income, or $\%$ of modified taxable income.

The QBI deduction is a deduction

$-$ AGI. Further, the deduction is available