Sophie is a 50% partner in a glass company.She is in the top tax bracket.The partnership has generated $3 million of qualified business income.The partnership paid W-2 wages of $880,000 and owns depreciable tangible property with an unadjusted basis of $1.2 million.What is Saskia's qualified business income deduction (ignoring self-employment taxes)?

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The Answer of Sophie is a 50% partner in a glass company.She is in the top tax bracket.The partnership has generated $3 million of qualified business income.The partnership paid W-2 wages of $880,000 and owns depreciable tangible property with an unadjusted basis of $1.2 million.What is Saskia's qualified business income deduction (ignoring self-employment taxes)?

Sophie Is a 50% Partner in a Glass Company