Charlieorz976 Charlieorz976

30-11-2022
Business

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Artichoke, a single individual, operates a service business that earned $110,000 during the tax year. The business has no tangible property and paid no W-2 wages. Required: a. Compute Artichoke's Qualified Business Income (QBI) deduction, assuming his overall taxable income before QBI is $125,000.

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