Ellie (a single taxpayer) is the owner of ABC, LLC. The LLC (a sole proprietorship) reports QBI of $900,000 and is n a specified services business. ABC paid total W-2 wages of $300,000, and the total unadjusted basis of property held b ABC is $30,000. Ellie's taxable income before the QBI deduction is $740,000 (this is also her modified taxable income What is Ellie's QBI deduction for 2019?

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The Answer of Ellie (a single taxpayer) is the owner of ABC, LLC. The LLC (a sole proprietorship) reports QBI of $900,000 and is n a specified services business. ABC paid total W-2 wages of $300,000, and the total unadjusted basis of property held b ABC is $30,000. Ellie's taxable income before the QBI deduction is $740,000 (this is also her modified taxable income What is Ellie's QBI deduction for 2019?

Ellie (A Single Taxpayer) Is the Owner of ABC, LLC