subject
Business, 27.06.2020 03:01 aalyyy

Paul owns 100% of PBL, LLC. The LLC reports as a sole proprietorship. The LLC has QBI of $700,000 and is NOT a "specified services" business. PBL paid a total W-2 wages of $150,000, and the total unadjusted basis of the property held by PBL is $150,000. Paul’s taxable income before the QBI deduction is $800,000. What is Paul’s QBI deduction for 2019?

ansver
Answers: 2

Another question on Business

question
Business, 22.06.2019 06:10
Investment x offers to pay you $5,700 per year for 9 years, whereas investment y offers to pay you $8,300 per year for 5 years. if the discount rate is 6 percent, what is the present value of these cash flows? (do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) present value investment x $ investment y $ if the discount rate is 16 percent, what is the present value of these cash flows? (do not round intermediate calculations and round your answers to 2 decimal places, e.g., 32.16.) present value investment x $ investment y
Answers: 1
question
Business, 22.06.2019 07:00
Ireally need with these questions.6. what level of job security do athletes and sports competitors have? why do you think this is? 22. do you think a musician has more job security than an athlete? explain.37. what is the difference between a public relations specialist and a marketing professional? 47. do you think gender inequalities still exist in the sports industry? explain.50. what are the advantages and disadvantages of labor unions? do you think labor unions are fair to employers? how might they be taken advantage of?
Answers: 1
question
Business, 22.06.2019 13:30
If the economy were in the contracting phase of the business cycle, how might that affect your ability to find work?
Answers: 2
question
Business, 22.06.2019 15:40
Colter steel has $5,550,000 in assets. temporary current assets $ 3,100,000 permanent current assets 1,605,000 fixed assets 845,000 total assets $ 5,550,000 assume the term structure of interest rates becomes inverted, with short-term rates going to 10 percent and long-term rates 2 percentage points lower than short-term rates. earnings before interest and taxes are $1,170,000. the tax rate is 40 percent earnings after taxes = ?
Answers: 1
You know the right answer?
Paul owns 100% of PBL, LLC. The LLC reports as a sole proprietorship. The LLC has QBI of $700,000 an...
Questions
question
Mathematics, 04.10.2019 20:00
Questions on the website: 13722361