Tercot Partnership reported $1,000,000 of business receipts,$700,000 of business deductions,and $100,000 of interest income.Terry is a 50% partner in Tercot Partnership.On Terry's return,she will be entitled to a deduction for qualified business income of
A)$60,000.
B)$80,000.
C)$40,000.
D)$30,000.

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The Answer of Tercot Partnership reported $1,000,000 of business receipts,$700,000 of business deductions,and $100,000 of interest income.Terry is a 50% partner in Tercot Partnership.On Terry's return,she will be entitled to a deduction for qualified business income of
A)$60,000.
B)$80,000.
C)$40,000.
D)$30,000.

Tercot Partnership Reported $1,000,000 of Business Receipts,$700,000 of Business Deductions,and