Campbell, a Single Taxpayer, Has $400,000 of Profits (Net of the Deduction

Multiple Choice

Campbell, a single taxpayer, has $400,000 of profits (net of the deduction for self-employment taxes, the self-employed health insurance deduction, and the deduction for contributions to qualified self-employment retirement plans) from her general store, which she operates as a sole proprietorship. She has $100,000 of employee wages, $40,000 of qualified property, and $500,000 of taxable income before the deduction for qualified business income. How much is Campbell's deduction for qualified business income?

A) $100,000
B) $80,000
C) $50,000
D) $26,000
E) $0