Compute qualified business income deduction

Assignment Help Accounting Basics
Reference no: EM132561122

Question - Susanna is single with taxable income in 2019 of $188,225 of which $130,000 is attributable to her consulting sole proprietorship. She paid W-2 wages of $60,000 to her employees. Compute her qualified business income deduction?

Reference no: EM132561122

Questions Cloud

Prepare a retained earnings statement for the year ended : Net income during 2017 was $1,692,900, and cash dividends declared and paid during 2017 totaled $81,700. Prepare a retained earnings statement for year ended
Discuss the concept of self actualisation : Discuss the concept of self- actualisation.
Discuss the basic human needs : Discuss the basic human needs that we all have.
Calculate budgeted amount for the fixed? overhead : Calculate the variable overhead rate variance and the variable overhead efficiency variance. Calculate Budgeted amount for the fixed? overhead
Compute qualified business income deduction : Susanna is single with taxable income in 2019 of $188,225, She paid W-2 wages of $60,000 to her employees. Compute her qualified business income deduction
What are the challenges encountered in data collection : What are the challenges encountered in data collection as it applies to research? What are the types of interview technique when interviewing participants?
Explain the structure and function of the heart : Explain the structure and function of the heart to include the cardiac cycle and the conduction system.
How do you provide care for someone who is a criminal : Reviewing the Nursing as Caring Theory, we come to understand that humans are intrinsically motivated to care for others. Based on this theory.
How much of this loss can John deduct : In 2019, John is single and is the owner of a proprietorship with $650,000 of gross income and $975,000 of deductions, How much of this loss can John deduct

Reviews

Write a Review

Accounting Basics Questions & Answers

  How much control does fed have over this longer real rate

Hubbard argues that the Fed can control the Fed funds rate, but the interest rate that is important for the economy is a longer-term real rate of interest.   How much control does the Fed have over this longer real rate?

  Coures:- fundamental accounting principles

Coures:- Fundamental Accounting Principles: - Explain the goals and uses of special journals.

  Accounting problems

Accounting problems,  Draw a detailed timeline incorporating the dividends, calculate    the exact Payback Period  b)   the discounted Payback Period. the IRR,  the NPV, the Profitability Index.

  Write a report on internal controls

Write a report on Internal Controls

  Prepare the bank reconciliation for company

Prepare the bank reconciliation for company.

  Cost-benefit analysis

Create a cost-benefit analysis to evaluate the project

  Theory of interest

Theory of Interest: NPV, IRR, Nominal and Real, Amortization, Sinking Fund, TWRR, DWRR

  Liquidity and profitability

Distinguish between liquidity and profitability.

  What is the expected risk premium on the portfolio

Your Corp, Inc. has a corporate tax rate of 35%. Please calculate their after tax cost of debt expressed as a percentage. Your Corp, Inc. has several outstanding bond issues all of which require semiannual interest payments.

  Simple interest and compound interest

Simple Interest, Compound interest, discount rate, force of interest, AV, PV

  Capm and venture capital

CAPM and Venture Capital

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd