Donna and Mark Are Married and File a Joint Return

Multiple Choice

Donna and Mark are married and file a joint return reporting taxable income of $350,000. Donna owns a qualified S corporation that is not a specified service business. During the year, she incurs qualified business income of
$75,000. Donna's share of wages paid by the business is $20,000. Assuming there is no qualified property factor, calculate her 20% QBI deduction.

A) $-0-.
B) $9,750.
C) $15,000.
D) $20,000.