medium · Certified Financial Planner Estate Planning
A business owner, Ms. Tolliver, operates a non-service S corporation that generates $300,000 of Qualified Business Income (QBI). The firm pays $70,000 in W-2 wages and holds no qualified property.
If Ms. Tolliver's taxable income is far above the 2026 phase-in range, what is her Section 199A deduction?
- $35,000
- $60,000
- 0
- $17,500
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