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Business, 04.04.2020 04:56 ambinicole66

Campbell, a single taxpayer, has $400,000 of profits from her general store, which she operates as a sole proprietorship. She has $100,000 of employee wages, $40,000 of qualified property, and $500,000 of taxable income before the deduction for qualified business income. How much is Campbell's deduction for qualified business income?

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Campbell, a single taxpayer, has $400,000 of profits from her general store, which she operates as a...
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