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Compute Sanjay QBI deduction

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Reference no: EM132674721

Problem - Sanjay is a single taxpayer that operates a curry cart on the streets of Baltimore. The business is operated as a sole proprietorship with no employees (Sanjay does everything). Sanjay's Schedule C reports income of $87,000. His taxable income is $80,000 and includes no capital gains. Compute Sanjay's QBI deduction.

Reference no: EM132674721

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