Jenna Parker Owns and Manages Her Single Member LLC Which

Multiple Choice

Jenna Parker owns and manages her single member LLC which provides a wide variety of financial services to her clients.She is married and will file a joint tax return with her spouse, Paul.Her LLC reports $300,000 of net income, W-2 wages of $120,000, and assets with an unadjusted basis of $75,000.Their taxable income before the QBI deduction is $285.000 (this is also their modified taxable income) .What is their QBI deduction for 2018?

A) $-0-.
B) $57,000.
C) $60,000.
D) $70,000.
E) None of the above.