Question: please help me solve and explain this question for my opinion: basic application of 199A becomes more complex once a taxpayer reaches certain taxable income

 please help me solve and explain this question for my opinion:

please help me solve and explain this question

for my opinion: basic application of 199A becomes more complex once a taxpayer reaches certain taxable income thresholds. These taxable income thresholds?determined without regard to the QBI deduction?are $326,600 for married taxpayers filing jointly and $163,300 for single and head-of-household taxpayers in 2020.In 2019, these amounts were $321,400 and $160,700.

Therefore I choose Zero, however this answer is partially correct.

basic application of 199A becomes more complex once a taxpayer reaches certain

Alana is an individual and she files her tax return using the single filing status. The only income she received in 2019 was qualified divident income of $25,000. What income tax bracket will be used to calculate the tax that she owes for 2019? The Zero percent bracket V the 37% bracket The 20% bracket the 15% bracket Feedback Check My Work Partially correct

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!