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nikklg [1K]
3 years ago
8

Jack and Mary, a married couple, report taxable income of $280,000, which includes $200,000 from Jack's solely owned S corporati

on. The S corporation paid wages of $100,000 to employees (which does not include his salary). No acquisitions of depreciable property were made during the year.
Calculate the couple's QBI deduction.
Business
1 answer:
Strike441 [17]3 years ago
4 0

Answer:

$32,140

Explanation:

The QBI  on $280,000(57.3% of Taxable income)                  $160,700

Eligible Deduction of 20% on QBI                                            $32,140

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Ilya [14]

Answer:

A is the correct answer.

Explanation:

Inflation causes an arbitrary redistribution of wealth and income. Unexpected inflation is responsible for it. The redistribution of income is caused because the wages and salaries increase rapidly the prices.  and other wages and salaries slowly than the price level. The increase in the prices of some assets more rapidly than the price level while the asset prices increase slower than the price level causes the redistribution.

4 0
3 years ago
While asia represents an important source of u.s. imports, few export opportunities exist for u.s. firms to sell goods and servi
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3 years ago
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Old Economy Traders opened an account to short sell 1,000 shares of Internet Dreams from the previous problem. The initial margi
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Answer:

a.38%

b. No because the margin is above the requirement at 38%

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a.

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b.

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c.

Price of 1000 stock year 1 at 50$/share = 50000

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3 0
3 years ago
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The answer is 5.6dollars.

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The item which is an example of data collected from market research is insights into potential customers.

Market research is the process of gathering information about your target market and the knowing current state of your industry. Thus, it is the research conducted directly with potential customers.

Interviews are considered to be a common type of primary market research that can be either in-depth or as simple as asking a question. For instance, in an interview in market research is conducted when a business calls a current customer to ask how they are enjoying a product they recently purchased.

Hence, the data collected from market research is insights into potential customers.

To learn more about market research here:

brainly.com/question/3697439

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1 year ago
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