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Question - Marcia, a single individual, has qualified trade or business income of $240,000. Her business paid $80,000 of W-2 wages this year and has $50,000 of tangible business property.
a. Compute Marcia's QBI deduction, assuming her overall taxable income before QBI is $300,000.
b. Compute Marcia's QBI deduction, assuming her overall taxable income before QBI is $180,000.
Review the American Marketing Association's Statement of Ethics and the Code of Conduct for the European Marketing Confederation.
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