Tyler and Ross are married, have taxable income of $470,000, and own a partnership together. They have

Fantastic news! We've Found the answer you've been seeking!

Question:

Tyler and Ross are married, have taxable income of $470,000, and own a partnership together. They have a qualified business income (QBI) of $334,600 from the partnership and do not have any qualified property. The partnership pays a total of $127,500 in W-2 wages. Under Sec. 199A, what is Tyler and Ross's QBID allowed for the partnership?