Kylie is single and has taxable income of $320,000 of which $130,000 is attributable to her consulting sole proprietorship. She paid W-2 wages to her employees of $75,000. If the threshold amount for 2018 is $157,500, what is Kylie's qualified business income deduction?
A) $0
B) $11,000
C) $26,000
D) $32,500
Correct Answer:
Verified
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