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zubka84 [21]
4 years ago
6

Pat's taxable income exceeds $157,500 and thus he is required to phase out his QBI deduction. The phase-out calculation is: a.Th

e lesser of 50% of business wages or 25% of wages plus 2.5% of the unadjusted basis of qualifying property b.The greater of 50% of business wages or 25% of wages plus 2.5% of the unadjusted basis of qualifying property c.50% of the amount over $157,500 d.50% of taxable income without the QBI deduction
Business
1 answer:
lesya692 [45]4 years ago
6 0

Answer:

correct option is (a) The lesser of 50% of business wages or 25% of wages plus 2.5% of the unadjusted basis of qualifying property

Explanation:

As we know that when a single taxable income of the single filer is exceed by $157,000 by the $50000 or more, then their QBI must not exceed

so

  1. 50% of the taxpayer's share of W-2 wages paid in respect of a qualified trade or occupation
  2. 25% of such salary and 2.5% on a volatile basis immediately after acquiring the tangible depreciation asset

Qualified Business Income (QBI) exemption refers to taxable income recognized by a partnership, S corporations, LLC or sole proprietorship. This is below the line deduction that does not deduct your AGI, but it does reduce the amount of taxes.

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Answer:

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because it seems to be elastic and its holds on very well

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3 years ago
Which of the following would perform the initial orientation in most firms? Select the correct answer A immediate supervisor B a
Andrews [41]

Answer:

1) C) HR specialist

2) D) sales methods

Explanation:

1) HR specialists are mostly the HR employee that first comes in contact with a  possible employee. An HR specialist conducts the initial orientation and is always specialized in that HR segment - initial screening, employee's introduction with the organization...

Managers come into the picture during the later phases of the process, explaining the responsibilities and expectations from the employee.

2) The concrete methods of doing work are rarely discussed at orientation sessions. The role of the orientation session is to briefly introduce the employee with the routine, the compensation package (both financial and non-financial) and the safety measures (if the job proposes so - mostly they are existent in all jobs).

5 0
3 years ago
assume that the interest parity condition holds. also assume that the u.s. interest rate is 8% while the u.k. interest rate is 6
GREYUIT [131]

Assume that the interest parity condition holds. also assume that the u.s. interest rate is 8% while the u.k. interest rate is 6%. given this information, financial markets expect the pound to appreciate by 2%.

<h3>What Kinds of Financial Markets Are There?</h3>

The stock market, bond market, foreign exchange market, commodities market, and real estate market are a few examples of financial markets and their functions. Financial markets can also be divided into listed vs. OTC markets, primary vs. secondary markets, capital markets, money markets, and listed vs. money markets.

<h3>How Do the Financial Markets Function?</h3>

All financial markets operate primarily by bringing together buyers and sellers of some asset or contract and allowing them to transact with one another, despite encompassing a wide range of asset classes and having a variety of structures and laws. A process for price discovery or an auction is frequently used for this.

Learn more about financial markets here:-

brainly.com/question/24475209

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5 0
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Law or policy that provides specific guidand for department of defense acquisition workforce in ref to ctip
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3 years ago
For example, an increase in the money supply, a variable, will cause the price level, a variable, to increase but will have no l
Inga [223]

Answer:

nominal, real, & the classical dichotomy

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A nominal variable is a value whose values are non-numeric for example gender. It is calculated based on the current – year prices.

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A real variable is a variable whose values are numeric. It is measured based on the currency of the base year.

The distinction between real variables and nominal variables is known as <u>nominal, real, & the classical dichotomy</u>.

The Classical Dichotomy is based on the assumption that states that in the long run, the nominal economy and the real economy are completely separated from each other. In the long run, nominal prices have no impacts on real variables.

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