← During the current year, Linda earned $125,000 as an accounting consultant Requirements a. If she has no other income-besides a $17,000 capital gain, how much can sho claim as a QBI deduction (please ignore the 50% self-employment tax deduction)? b. If she is married and files jointly with her husband, who makes $580,000 a year as an attorney, how much can sho claim as a QBI deduction? 40000 Requirement a. If she has no other income besides a $17.000 net capital gain, how much can she claim as a QBI deduction (please ignore the 50% self-employment tax deduction)? (Enter a "0" if no deduction is allowed) Linda's qualified business deduction in this scenario is

SWFT Comprehensive Volume 2019
42nd Edition
ISBN:9780357233306
Author:Maloney
Publisher:Maloney
Chapter3: Computing The Tax
Section: Chapter Questions
Problem 18CE
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Aa.54.

st
K
During the current year, Linda earned $125,000 as an accounting consultant
Requirements
a. If she has no other income-besides a $17,000 capital gain, how much can she claim as a QB1 deduction (please
ignore the 50% self-employment tax deduction)?.
b. If she is married and files jointly with her husband, who makes $580,000 a year as an attorney, how much can sho
claim as a QBI deduction?
<>
Requirement a. If she has no other income besides a 517.000 net capital gain, how much can she claim as a QBI
deduction (please ignore the 50% self-employment tax deduction)? (Enter a "0" if no deduction is allowed)
Linda's qualified business deduction in this scenario is
Incorrect: C
(1/2)
1/2)
(0/2)
Transcribed Image Text:st K During the current year, Linda earned $125,000 as an accounting consultant Requirements a. If she has no other income-besides a $17,000 capital gain, how much can she claim as a QB1 deduction (please ignore the 50% self-employment tax deduction)?. b. If she is married and files jointly with her husband, who makes $580,000 a year as an attorney, how much can sho claim as a QBI deduction? <> Requirement a. If she has no other income besides a 517.000 net capital gain, how much can she claim as a QBI deduction (please ignore the 50% self-employment tax deduction)? (Enter a "0" if no deduction is allowed) Linda's qualified business deduction in this scenario is Incorrect: C (1/2) 1/2) (0/2)
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