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Business, 25.04.2020 00:33 marz2479

Tyler and Ross are married, have taxable income of $430,000, and own a partnership together. They have a qualified business income (QBI) of $334,600 from the partnership and do not have any qualified property. The partnership pays a total of $127,500 in W-2 wages. Under Sec. 199A, what is Tyler and Ross’s QBID allowed for the partnership?

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Tyler and Ross are married, have taxable income of $430,000, and own a partnership together. They ha...
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