eBook Exercise 2-19 (Algorithmic) (LO. 3, 4) Thad, a single taxpayer, has taxable income before the QBI deduction of $180,500. Thad, a CPA, operates an accounting practice as a single member LLC (which he reports as a sole proprietorship). Dunng 2020, his proprietorship generates qualified business income of $144,400, W-2 wages of $108,300, and $9,200 of qualified property Assume the QB1 amount is net of the self-employment tax deduction. If required, round any division to two decimal places. Round your final answer to the nearest dollar. What is Thad's qualified business income deduction