Essay
Rebecca and Brad are married and will file jointly. Rebecca earns $300,000 from her single-member LLC (a law firm)
She reports her business as a sole proprietorship. Wages paid by the law firm amount to $40,000? the law firm has no significant property. Brad is employed as a tax manager by a local CPA firm. Their modified taxable income is $381,40 (this is also their taxable income before the deduction for qualified business income). Determine their QBI deduction f
2019.
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