Calculate the couple QBID

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Problem - Jack and Mary, a married couple, report taxable income of $280,000, which includes $200,000 from Jack's solely owned S corporation. The S corporation paid wages of $100,000 to employees (which does not include his salary). Calculate the couple's QBID, if any. No acquisitions of depreciable property were made during the year.

Reference no: EM132648556

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