hard · Certified Financial Planner Tax Planning
The Ainsley household consists of a successful trial attorney whose taxable income for 2026 is projected to be 740,000. Her law firm, organized as an S Corporation, generates310,000 in qualified business income (QBI) and pays her a $200,000 salary.
Assuming she files as a single taxpayer and has no other business interests, what is her permitted Section 199A deduction?
- $0
- $100,000
- $40,000
- $62,000
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