- 3 3 Points Maria A Single Taxpayer Is An Architect Who Practices As A Sole Proprietor This Year Maria Had Net Bus 1 (20.66 KiB) Viewed 32 times
3) (3 points) Maria, a single taxpayer, is an architect who practices as a sole proprietor. This year, Maria had net bus
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3) (3 points) Maria, a single taxpayer, is an architect who practices as a sole proprietor. This year, Maria had net bus
3) (3 points) Maria, a single taxpayer, is an architect who practices as a sole proprietor. This year, Maria had net business income of $210,000. Assume that Maria pays $40,000 wages to her employees, she has $100,000 of property (unadjusted basis of equipment she purchased last year), she has no capital gains, and her taxable income before the deduction for qualified business income is $250,000. Calculate Maria's deduction for qualified business income. Show all work for full credit.