Suzanne, a single taxpayer, operates a printing business as a sole proprietor. the business has two employees who are paid a total of $90,000 during 2019. assume that the bt1siness has no significant asset. during 2019, the business generates $150,000 of income and suzanne's taxable income before the qbi deduction is $155,000. a. what is suzanne's qualified business income deduction? b. what is suzanne’s qualified business income dedt1ction if the facts are the same except that the business income is $250,000 and suzanne's taxable income before the qbi deduction is $270,000?

Self-interest achieve society’s economic goals because producers know which goods consumers want the most. as consumers and producers exercise their freedom to act in their own self-interest, markets will produce the desired goods at the lowest possible cost. consumers and producers both operate based on society’s economic goals. consumers know which goods can be produced at the lowest cost. there is a wide variety of desired goods and services in a market system because producers determine what to produce. consumers change their minds frequently. there is always a need to produce something new and improved. individual wants are diverse. what is produced is ultimately determined by consumers, because if the goods offered are not what consumers want, consumers will not buy them. producers, because they are driven by profits. producers, because they determine what to produce. consumers, because they participate in marketing surveys.

Comprehensive illustrative problem: mira's store on february 1 20a4 mica delaman opened astore that sells school supplies her main customer are the students and teachers of happy students school that is situated in front of her store. mira wanted to know the financial position of mira's store. mira knew you were studying accounting. so she asked for . 1. to start her business mira's opened a checking account in the name of mira's store . the statement of account from the bank shows that the checking account has a balance of 31,535 of december 31,20a4

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