What is qbi deduction amount

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Reference no: EM132213325

Question: Dorothy is an owner-employee in an engineering services firm that is organized as an S corporation. Her share of QBI income is $40,000 and her share of S corporation wages is $24,000. Dorothy also won the lottery in 2018 and her taxable income is $200,000. Her filing status is single. Is she Eligible for QBI deduction and if so what is QBI deduction amount?

Reference no: EM132213325

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