Dara,a single taxpayer,is a 50% partner in a CPA partnership.The partnership reports $500,000 of ordinary business income and no separately stated items in 2019.Dara also has $30,000 of taxable interest income and $25,000 of itemized deductions.Dara will be allowed a qualified business income deduction of
A) $100,000.
B) $50,000.
C) $51,000.
D) $0.
Correct Answer:
Verified
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