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Accounting
FIN education.com/ext/map/Indexhtml?_con contexternal browser-Olaunchurl=https:253A%252F%252Fbblearn tr-c.edu 1252Fwebapps W252Fblackboards DUE 12/18 Saved Help Save & Exit This question will be sent to your instructor for grading Rachel is an accountant who practices as a sole proprietor. This year, Rachel had net business income of $270,000 (net of the deduction for self-employment taxes, the self-employed health insurance deduction, and the deduction for contributions to qualified self-employment retirement plans) from her practice. Assume that Rachel pays $50,000 wages to her employees, she has $20,000 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 $225,000 and she is unmarried. Calculate Rachel's deduction for qualified business income FIN education.com/ext/map/Indexhtml?_con contexternal browser-Olaunchurl=https:253A%252F%252Fbblearn tr-c.edu 1252Fwebapps W252Fblackboards DUE 12/18 Saved Help Save & Exit This question will be sent to your instructor for grading Rachel is an accountant who practices as a sole proprietor. This year, Rachel had net business income of $270,000 (net of the deduction for self-employment taxes, the self-employed health insurance deduction, and the deduction for contributions to qualified self-employment retirement plans) from her practice. Assume that Rachel pays $50,000 wages to her employees, she has $20,000 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 $225,000 and she is unmarried. Calculate Rachel's deduction for qualified business income
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