Question $18$

$4$ pts

In $2024,$ Karen, a single taxpayer, has $$400,000$ qualified business income from a consulting business she operates as a sole proprietor. She has $$100,000$ of employee wages, $$40,000$ qualified property, and $$500,000$ of taxable income before the qualified business income deduction. How much is her qualified business income deduction?

$$0$

$$80,000$

$$50,000$

$$26,000$