Question: Shelly has $ 2 0 0 , 0 0 0 o f QBI from her local jewelry store ( a sole proprietorship ) . Shelly's

Shelly has $200,000of QBI from her local jewelry store (a sole proprietorship). Shelly's proprietorship paid $30,000inW-2 wages and has $20,000of qualified property. Shelly's spouse earned $79,200of wages asan employee, and they earned $20,000of interest income during the year, and they will be filing jointly and using the standard deduction.
Based solely on this information, what is their QBI deduction for 2024?

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