Marcia, a single individual, has qualified trade or business income after all applicable deductions of $240,000. Her business paid $80,000


Marcia, a single individual, has qualified trade or business income after all applicable deductions of $240,000. Her business paid $80,000 of W-2 wages this year and has $50,000 of tangible business property. Required: Compute Marcia’s QBI deduction, assuming her overall taxable income before QBI is $300,000. Compute Marcia’s QBI deduction, assuming her overall taxable income before QBI is $180,000.


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