In 2018, Kelly has qualified business income from her Schedule C small business of $178,000.She files jointly with her spouse and their taxable income is $214,000.They have no capital gains or qualified dividends in 2018.If Kelly's business is a service business (e.g., accounting), what is Kelly's 2018 QBI deduction?

Question

Quizplus · Accepted Answer

The Answer of In 2018, Kelly has qualified business income from her Schedule C small business of $178,000.She files jointly with her spouse and their taxable income is $214,000.They have no capital gains or qualified dividends in 2018.If Kelly's business is a service business (e.g., accounting), what is Kelly's 2018 QBI deduction?

In 2018, Kelly Has Qualified Business Income from Her Schedule