Evie,a single taxpayer,is a 50% partner in a partnership.The partnership reports $100,000 of ordinary business income and no separately stated items in 2019.Evie also has $30,000 of taxable interest income and takes a $12,200 standard deduction.Evie will be allowed a qualified business income deduction of

Question

Quizplus · Accepted Answer

The Answer of Evie,a single taxpayer,is a 50% partner in a partnership.The partnership reports $100,000 of ordinary business income and no separately stated items in 2019.Evie also has $30,000 of taxable interest income and takes a $12,200 standard deduction.Evie will be allowed a qualified business income deduction of

Evie,a Single Taxpayer,is a 50% Partner in a Partnership