Tristan, who is single, operates three sole proprietorships that generate the following information in 2019 (none are
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Tristan, who is single, operates three sole proprietorships that generate the following information in 2019 (none are ?specified services? businesses).
Tristan chooses not to aggregate the businesses. She also earns $150,000 of wages from an unrelated business, and her modified taxable income (before any QBI deduction) is $380,000.a. What is Tristan?s QBI deduction?b. Assume that Tristan can aggregate these businesses. Determine her QBI deduction if she decides to aggregate the businesses.
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a Under Reg 1199A1d Tristan must allocate Business Bs negative QBI to Business A and Business C in p...View the full answer
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Related Book For 
South Western Federal Taxation 2020 Corporations, Partnerships, Estates And Trusts
ISBN: 9780357109168
43rd Edition
Authors: William A. Raabe, James C. Young, William H. Hoffman, Annette Nellen, David M. Maloney
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