Saskia is a 50% partner in a toy company. She is in the top tax bracket. The partnership has generated $2 million of qualified business income. The partnership paid W2 wages of $880,000 and owns depreciable tangible property with an unadjusted basis of $1.2 million. What is Saskia's qualified business income deduction (ignoring selfemployment taxes)?

Which of the following occupations relate to a skill category of words and literacy

Aprimary advantage of organizing economic activity within firms is thea. ability to coordinate highly complex tasks to allow for specialized division of labor. b. low administrative costs because of reduced bureaucracy. c. eradication of the principal-agent problem. d. high-powered incentive to work as salaried employees for an existing firm.

Miller company’s most recent contribution format income statement is shown below: total per unit sales (20,000 units) $300,000 $15.00 variable expenses 180,000 9.00 contribution margin 120,000 $6.00 fixed expenses 70,000 net operating income $ 50,000 required: prepare a new contribution format income statement under each of the following conditions (consider each case independently): (do not round intermediate calculations. round your "per unit" answers to 2 decimal places.) 1. the number of units sold increases by 15%.