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Business, 19.10.2021 06:30 sierravick123owr441

Saskia is a 50% partner in a toy company. She is in the top tax bracket. The partnership has generated $2 million of qualified business income. The partnership paid W2 wages of $880,000 and owns depreciable tangible property with an unadjusted basis of $1.2 million. What is Saskia's qualified business income deduction (ignoring selfemployment taxes)?

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Saskia is a 50% partner in a toy company. She is in the top tax bracket. The partnership has generat...
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